31.05.2025

DAX Analysis Week 22/2025: Winners and Losers in Focus

Market Dynamics in Week 22/2025

In calendar week 22 of the year 2025, the German stock market, represented by the DAX 40, showed a significant market dynamic with clear winners and losers among individual stocks. The week was characterized by various influences, primarily the de-escalation in the trade war between the USA and China, as well as the resulting “tariff pause,” which provided positive impulses.

Market Development

  • The DAX reached a high of about 23,911 points shortly after trading began on Monday, equalizing an old record from mid-March.
  • In April, the index had fallen to about 18,500 points due to tariff announcements by Donald Trump but has since increased by about 28 percent.
  • This development led to a so-called V-formation in the DAX chart image with a buffer of about 15 percent to the important moving average line (200-day line).
  • The background of this recovery was primarily the reduction of mutual tariff demands between the USA and China by about 115 percentage points each: The tariffs on Chinese imports to the USA were lowered to 30 percent, while China imposes a 10 percent tariff on its side.
  • This “tariff pause” initially applies for a period of about 90 days, during which numerous trade deals are to be negotiated.

Winners in DAX Week 22

The best performers in the DAX showed strong price gains:

  • Rheinmetall topped the ranking with a performance of +5.85%.
  • Qiagen NV followed closely behind with an increase of +5.75%.

Losers in DAX Week 22

On the other hand, there were also clear losers:

Rank Company Price Change Week 22
40 Porsche Automobil vz -3.78%
39 Heidelberg Materials -3.66%
38 Sartorius vz -2.72%
37 Fresenius Medical Care St. -2.19%

Significance for Private Investors

This week’s overview is particularly relevant for private investors:

  • It clearly shows the volatility of individual stock values despite an overall strong market environment.
  • Knowledge of winners and losers helps in making targeted investment decisions within the German leading index.
  • Understanding macroeconomic factors such as trade policy or tariff agreements is crucial for timing when to buy or sell.

In summary, it can be said: In Week 22/2025, the German stock market benefited significantly from a relaxation in the global trade conflict and resulting positive impulses. However, there were significant differences among individual stocks, which requires a differentiated view in investment decisions.