DAX Calendar Week 18: Between Stability and Individual Stock Risks
The DAX performance in calendar week 18 (April 25 – May 2, 2025) showed mixed developments. While some individual stocks came under significant pressure, the index remained stable overall.
Top-Flop Ranking in DAX 40
The ranking is based on the Xetra prices between April 25 and May 2, 2025:
- Bottom Performers:
- Zalando (-5.21%) topped the losers’ list, followed by
- adidas (-4.75%),
- Porsche (-3.99%) and
- Munich Re (-3.88%).
The reasons for the weakness of these stocks are not detailed but could be attributed to sector-specific risks or quarterly reports.
Index Development
The DAX performance index closed on May 2, 2025, at 23,086.65 points (+2.62% compared to the previous report day). The RT indication from Lang & Schwarz was at the same time at 23,124 points, indicating a stable weekly performance.
Context to the Market Situation
At the end of KW18, global markets reacted sensitively to US economic data: The unexpected contraction of the US GDP by -0.3% in Q1/2025 weakened international sentiment; however, the DAX showed relative resilience with a gain of +0.3% on the previous day (April 30).
Relevance for Investors
- The underperformance of individual consumer goods stocks (Zalando, adidas) could indicate restrained consumer spending – a signal for defensive portfolio strategies.
- The slight upward trend of the overall index despite macroeconomic risks emphasizes the importance of broad diversification within the DAX universe.
For private investors, this differentiation between sector performances provides concrete points of reference for re-weighting individual positions or securing against further volatility due to interest/conjuncture concerns.