30.05.2025

Dynamic Markets: DAX Development in May 2025

Biggest Winners and Losers in DAX May 2025

In May 2025, the DAX showed a dynamic performance with marked winners and losers among the individual stocks. The performance of DAX shares in the fifth month of the year was characterized by partly strong price movements, which meant both opportunities and risks for investors.

Losers

  • Sartorius Vz recorded the biggest losses in May 2025 with a decline of about -7.09%.
  • Merck followed with a decrease of around -5.25%.
  • The Munich Reinsurance Company lost about -5.02% in value.
  • BASF also belonged to the weaker values.

These figures show a clear downward movement among some large industrial and chemical stocks as well as in companies from the healthcare sector.

Winners

The exact top winners are not explicitly listed; however, it can be concluded from the context that alongside these losses, other DAX stocks showed positive price developments, influencing the overall market movement.

Market Development and Conditions

The DAX reached a record high of over 24,150 points in mid-May but had to take losses towards the end of the month, falling back below the 24,000-point mark. This correction was interpreted as a consolidation phase after a long rally, as the market was considered “overbought.” Additionally, external factors such as concerns about US debt caused hesitation among investors.

In summary, May 2025 was a month of significant volatility in the German leading index: Some individual stocks lost significant value (especially Sartorius Vz., Merck, and Munich Re), while other stocks recorded gains – overall, this led to a dynamic market development with phases of record levels followed by corrections.