24.05.2025

DAX in Calendar Week 21: Mixed Performance and Market Trends

In calendar week 21 of the year 2025, the DAX exhibited mixed performance, influenced by various factors in the German stock market. Here are some of the key developments:

Winners and Losers in the DAX

The specific winners in the DAX for calendar week 21 are not explicitly mentioned in the provided information. However, there are some losers that rank lower in the standings:

  • Volkswagen (VW): With a decline of -9.09%, VW was one of the biggest losers.
  • Porsche: Porsche lost -8.57%, closely following VW.
  • Sartorius vz: A decline of -6.02% was observed for Sartorius.
  • Brenntag SE: Brenntag lost -5.84%.
  • Siemens Healthineers: Siemens Healthineers closed with a loss of -5.75%.

Market Environment and Trends

The DAX reached a new all-time high in calendar week 21, indicating a continuing bull market. Despite this positive trend, there are concerns about the buying volume, which is below the average of recent years. This could suggest that the market is susceptible to corrections should the bears become stronger.

Outlook and Forecasts

Long-term, the DAX is viewed positively as long as certain support levels are not breached. In the short term, however, corrections could arise, especially if the buying volume continues to decrease. Important support levels for the DAX include the zones at 23,500, 22,200, 21,500, and the round figure of 20,000.

Relevance for Private Investors and Retail Investors

For private investors and retail investors, it is crucial to monitor the performance of individual stocks in the DAX, as this can influence the overall strategy. Choosing the right stocks can have significant impacts on the portfolio. Additionally, it is important to keep an eye on the general market development and the support levels to make necessary adjustments.