23.04.2025

Positive Developments in the DAX: A Look at the Current Drivers

The DAX has recently shown positive development, driven by various factors. Here are some of the key developments and their impacts on the market:

Current Market Development

  • Share Surge at SAP: A rise in SAP’s stock has positively influenced the DAX. SAP is one of the largest and most influential companies in the DAX, thus having a significant impact on the index.
  • Positive Signals regarding US Tariff Policy: Geopolitical easing signals, particularly related to US tariff policies, have also contributed to an improvement in market sentiment. Such developments can reduce trade barriers and enhance the competitiveness of German companies in the global market.

DAX Performance 2025

  • Year-to-Date: Since the beginning of 2025, the DAX has increased by about 8.86%, indicating a robust market recovery.
  • Year High and Low: The DAX’s yearly high currently stands at 23,476.01 points.
  • Current Prices: The DAX has performed positively over the last few months, rising approximately 16% since the ‘Panic Peak’ on April 7.

Forecasts and Outlook

  • Market Sentiment: The current market sentiment is positive as the market rebounds after a period of panic. Geopolitical easing signals contribute to increased willingness to invest.
  • Supports and Resistances: For the DAX, supports have been identified at about 21,550, 21,425, and 21,325. These serve as potential ‘launching pads’ for further increases.

Relevance for Private Investors

  • Direct Effects: The positive developments at SAP and the improved geopolitical situation have direct effects on the stock market and market sentiment for DAX companies. These factors may encourage private investors to enter the market.
  • Market Volatility: Despite positive trends, market volatility remains a factor that private investors should consider. Careful analysis of market conditions and company performance is crucial for informed investment decisions.

In summary, the DAX is driven by a combination of positive corporate results and geopolitical developments. These factors are highly relevant for private investors, as they influence market sentiment and the attractiveness of investments in the DAX.