The DAX has recently surpassed the psychologically significant mark of 22,000 points, which is seen as an important milestone and a positive signal for investors. This development has been supported by several factors:
Factors Contributing to Overcoming the 22,000 Mark
- Strong Quarterly Results: Companies such as Adidas and Infineon have reported positive quarterly results, which has strengthened investor confidence.
- Improvement of the Ifo Business Climate Index: The Ifo Index has improved surprisingly, seen as a sign of a possible stabilization of the economy.
- Price Gains in US Markets: Positive developments in the US markets have also invigorated the DAX and contributed to its recovery.
Outlook and Significance
Overcoming the 22,000 mark is an important psychological milestone and could indicate a stable market development. The DAX has continuously recorded price gains in recent trading days, fueling hopes for a sustained recovery. However, it is noted that the room for further gains is gradually becoming thinner, as technical barriers such as the 50-day line and the resistance level around 22,226 points are seen as challenges for further price increases.
Current Market Situation
As the short Easter week comes to a close, it is expected that the DAX will continue its price gains, supported by hopes for a relaxation in the US tariffs dispute with China. The recovery of the DAX since the low during the “Panic Monday” on April 7 is remarkable, as the massive price losses have now been fully compensated. Nevertheless, uncertainty in international trade remains a factor that could continue to influence the markets.