In May 2025, the DAX individual stocks experienced significant movements that shaped the dynamics of the German leading index. The analysis is based on the Xetra price values from April 30 to May 30, 2025.
Biggest Winners in the DAX in May 2025
Five companies stood out as the biggest winners:
- Zalando SE: An increase of 5.03% was fueled by speculation about progress in restructuring and a possible sale of the logistics division.
- QIAGEN N.V.: A price increase of 2.70%, supported by biotech optimism and acquisition fantasies.
- Siemens Energy AG: A rise of 2.59%, favored by energy policy signals and a market relaxation.
- Rheinmetall AG: An increase of 2.55%, driven by order fantasies as a result of decisions regarding Ukraine.
- Brenntag SE: An increase of 2.41%, bolstered by strong figures from North America and dividend fantasies.
Additionally, technology stocks like SAP, Süss Microtec, and Jenoptik benefited from the ongoing AI boom as well as stable order intake.
Biggest Losers in the DAX in May 2025
On the loser side were:
- Sartorius Vz: Recorded a decrease of 7.09%.
- Merck KGaA: Fell by 5.25%.
- Münchener Rückversicherungs-Gesellschaft (Munich Re): Lost 5.02%.
- BASF also experienced significant losses.
Overall Market Development
The DAX showed overall resilience with an annual increase of about 20.7% by mid-May 2025, while the volatility of individual stocks was noticeably perceptible.
These developments provide private investors with valuable insights into the market’s dynamics. Company-specific factors and political decisions played a critical role in performance, whether through positive impulses such as in the case of Siemens Energy or challenges such as with Sartorius.