SAP as a Driver of the DAX
The DAX experienced a strong recovery on Wednesday, April 23, 2025, rising by 2.1 percent to 21,748 points. This development is mainly attributed to the strong performance of SAP and hopes for progress in the trade dispute between the USA and China.
SAP, a leading company in the enterprise software sector, has reported strong business numbers. The software giant recorded a significantly higher operating profit than analysts had expected, leading to a rise in SAP shares of more than nine percent. This positive development has significantly supported the DAX, as SAP has considerable weight in the index.
Hopes for Progress in the Trade Dispute
Another important factor for the DAX’s recovery is the hope for de-escalation in the trade dispute between the USA and China. US President Donald Trump signaled during the swearing-in of the new head of the stock market watchdog that he does not intend to take hard measures. Additionally, the White House spokeswoman has stated that the USA is making progress concerning a possible trade agreement with China. The US Treasury Secretary has also indicated that a de-escalation is on the horizon. These developments have created a positive sentiment in the markets and are contributing to the DAX’s recovery.
Further Market Reactions
Alongside the DAX, other European indices have also gained. The EuroStoxx 50, the leading index of the Eurozone, rose by 1.9 percent. The MDAX, which reflects medium-sized companies in Germany, increased by 0.9 percent to 27,521 points. This widespread positive market reaction indicates that hopes for an improvement in trade relations and strong corporate results, such as those from SAP, have far-reaching effects on financial markets.
For private investors and savers, these developments are of great interest, as they suggest stabilization in the markets and could potentially lead to an improved investment sentiment.