Overall Market Development in DAX KW 21
In calendar week 21 of the year 2025, the DAX showed a mixed performance, influenced by various factors and corporate news relevant to private investors. This week, the DAX reached a new all-time high (ATH) for the year 2025, indicating a still intact medium-term upward trend.
Despite the new ATH, the purchasing volume was declining and below the average of recent years. This could lead to an impulsive sell-off if bears become more prominent. On the other hand, bulls could continue to drive the index higher if they gain strength. In the short term and medium term, the outlook for the DAX remains positive as long as important support levels are not breached (e.g., 21,930 points in the short term).
Winners and Losers in DAX KW 21
The performance of individual stocks in the DAX was very varied:
Losers
- Volkswagen (VW) preferred shares lost the most value with -9.09 %.
- Porsche followed with a price drop of -8.57 %.
- Sartorius preferred shares fell by -6.02 %.
- Brenntag SE lost -5.84 %.
- Siemens Healthineers recorded a decline of -5.75 %.
These significant losses among some large companies reflect specific challenges or negative news.
Winners
Although the exact top winners were not mentioned, other stocks are contributing to the upward trend and supporting the new ATH.
Factors Influencing Development
Several themes have affected the German stock market. Uncertainty in the US markets caused the DAX to act somewhat independently of the US indices. This separation could signal an important directional decision – either the US market follows the German trend or there will be a correction in the DAX. Additionally, the DAX, as a large market, benefits from international political uncertainties.
Conclusion for Private Investors
New all-time highs generally signal positive market prospects. However, the lower trading volume urges private investors to be cautious about possible short-term corrections. Losses in key titles like VW or Porsche are noteworthy. Investors should consider both the overall market development and individual company news and keep an eye on critical support levels.
This analysis is based on current price data between 16.05.2025 and 23.05.2025, as well as expert analyses of the market situation in KW 21/2025.