The DAX, the German benchmark index, crossed the 22,000 point mark again on Thursday, April 24, 2025. This development is attributed to positive trends in the US stock markets, which boosted the German stock market and strengthened investor confidence. Here are some key aspects that contributed to this development:
Key Aspects of the Development
- US Markets as Drivers: The positive gains on US stock markets have improved sentiment on the German stock market. The DAX benefited from a friendly Wall Street and was able to recover its early losses.
- Quarterly Reports and Trade Dispute: In the US, quarterly reports were particularly in focus, while the trade dispute remains a topic of concern. Positive developments in the trade dispute with China and milder tones from US President Donald Trump regarding the Fed helped to improve market sentiment.
- Ifo Business Climate Index: The Ifo Business Climate Index in Germany showed a surprising improvement. Analysts see this as a “small light at the end of the tunnel.”
- Shift in Investor Sentiment: Institutional investors are currently more optimistic, as reflected in a sentiment survey by the Frankfurt Stock Exchange.
- DAX Closing Price: The DAX closed on Thursday at 22,064.51 points, representing an increase of about 0.5 percent. This was the first time since April 2 that the index closed above 22,000 points.
Outlook
The DAX’s return above the 22,000 point mark is a positive signal for investors and could indicate a more stable development in the coming days. However, the trade dispute remains a factor of uncertainty. The improved sentiment on US stock markets and the positive quarterly figures of German companies like Adidas and Infineon contribute to the optimization of market sentiment.