In calendar week 21 of the year 2025, the DAX showed an overall positive development, even reaching a new all-time high (ATH) and continuing the medium-term upward trend. However, there were significant differences among individual stocks in the index, which provides important insights for private investors, savers, and small investors.
DAX Overall Development in Week 21/2025
- The DAX was able to further expand its bull market and reach a new all-time high, indicating sustained buying willingness.
- However, trading volume was below the average of recent years, making market movements vulnerable to stronger sell-offs should the bears return.
- In the short- and medium-term, the DAX is rated positively as long as certain support levels are not breached (e.g., 21,930 points in the short term).
- Long-term, the outlook also remains positive until a lower benchmark of about 18,923 points is breached on a monthly basis.
Losers (significant price losses)
The largest losses were recorded by the following stocks:
| Rank | Stock | Loss in % |
|---|---|---|
| 40 | Volkswagen (VW) preferred | -9.09 % |
| 39 | Porsche | -8.57 % |
| 38 | Sartorius preferred | -6.02 % |
| 37 | Brenntag SE | -5.84 % |
| 36 | Siemens Healthineers | -5.75 % |
These values showed particular weakness in the week and pulled down the overall picture of certain sectors.
Winners
The exact list of top winners was not fully mentioned; however, it can be inferred from the context: While some heavyweight stocks like VW or Porsche significantly lost, others were able to maintain or improve their position – this is typical for a market with differentiated sector developments.
Implications for Private Investors
These developments are relevant for private investors:
- Achieving a new ATH fundamentally signals opportunities in the German stock market.
- The lower trading volume urges caution: there is a risk of sudden corrections.
- The strong losses among large automotive stocks like VW or Porsche could pose short-term risks.
- A close observation of support levels is important to assess potential turning points.
In summary, week 21 provided valuable insights: Despite a positive overall trend, there were clear losers among individual stocks. This highlights the need for careful selection within the DAX portfolio for small investors.
Sources: Detailed price losses of individual stocks and weekly rankings are based on Xetra price data from the period between May 16, 2025, and May 23, 2025. Market assessments on trend development stem from analyses of order flow and chart techniques, as well as comments on volume affinities of the bull market.