24.05.2025

DAX Reaches New All-Time High in Week 21: Winners and Losers

In calendar week 21 of 2025, the DAX showed mixed performance with significant winners and losers among individual stocks. Overall, the DAX was able to reach a new all-time high, indicating a sustained medium-term upward trend.

Successful Stocks in DAX Week 21

The exact list of top winners was not detailed in the search results; however, it can be inferred from the context that despite the new ATH, not all stocks were able to benefit equally. The bulls were active and managed to push the index upward, but the buying volume decreased. This could mean that some stocks were particularly in demand, thus contributing to the positive overall trend.

Disappointing Stocks in DAX Week 21

Several individual stocks displayed significant price losses in Week 21:

  • Volkswagen (VW) preferred shares lost around -9.09%.
  • Porsche fell by approximately -8.57%.
  • Sartorius preferred shares declined by -6.02%.
  • Brenntag SE dropped by -5.84%.
  • Siemens Healthineers also lost about -5.75%.

These losses reflect specific challenges or negative news for these companies and contrasted with the overall positive development of the index.

Influencing Factors on Market Development

The past week was characterized by various themes. While the bulls continued to expand the upward trend and marked a new high, the volume was subdued. The lower buying volume leaves room for uncertainties: Should selling pressure increase (“bears”), there could be an impulsive sell-off; however, if the bulls remain dominant, the upward trend can continue.

Moreover, the DAX, as a large index, also benefited from investors from other markets – for example, as a safe haven for uncertain investors from the US due to political developments there.

Conclusion

In Week 21, despite a new all-time high, a differentiated mood prevailed in the DAX: Some strong individual stocks suffered significant price losses (VW preferred, Porsche, among others), while other stocks contributed to the overall increase. Market participants are closely observing potential corrections or continuations of the trend in the near future given the declining buying volume.