On Thursday, June 26, 2025, the German stock market opened with gains, particularly the DAX, which rose by about 0.55 to 0.59 percent in early trading, reaching values between 23,628 and 23,636 points. This keeps the DAX close to its previous weekly high of around 23,812 points, which was recorded on Tuesday.
Impact of the US Tech Sector
The upward movement is strongly supported by positive impulses from the US technology sector. The Nasdaq-100 index in New York hit a record high, and various tech giants like Nvidia reported new peaks. Additionally, strong business results from Micron, whose memory chips for AI applications are particularly in demand, are generating further optimism in the markets.
Development of Other Indices
Alongside the DAX, the MDax also rose slightly by about 0.51 percent to approximately 30,079 points, stabilizing just above the symbolic 30,000-point mark. The EuroStoxx50 recorded a moderate increase of about 0.1 percent.
However, individual DAX stocks showed varying trends: The stock of Continental initially continued its recent downward trend, falling below 70 euros, but then managed to recover slightly and closed with an increase of about 0.3 percent.
Overall, the German stock market is gaining momentum again after a brief slump midweek. Strong impulses are coming from the robust US tech sector and positive news from the semiconductor industry, driving the DAX significantly and keeping it close to its weekly high.