DAX is blowing a historical border: maximum stalls and new purchase interest!

DAX is blowing a historical border: maximum stalls and new purchase interest!

On December 3, 2024, the DAX, the German leading index, crosses the magical brand of 20,000 points for the first time in its history. According to the Krone , the stock market barometer reached a maximum of 20,017 points during the early trade of 0.4 percent. This rally, which started two weeks ago, is largely motivated by the hope of falling key interest rates and an upward trend on Wall Street. The DAX has increased by impressive 16 percent since the beginning of the year, driven primarily from the increased willingness to pay for investors.

analysis and reactions

market expert Holger Zschäpitz observes that the DAX is currently not growing due to increased corporate profits, but because investors are willing to pay higher prices. This is reflected in an increase in the Course-winning ratio (KGV) of the DAX, which rose from 12.3 to 15.2 in January. Nevertheless, price corrections have taken place in particular in the automotive sector, with shares of Mercedes-Benz fell by 1.6 percent, while BMWs increased by 1.4 percent. As Tagesschau , investors hope for further interest cuts in both the USA and in the EuroZone, which also heats up.

The car industry does not remain unaffected by the positive developments on the German market. Analysts emphasize that price movements vary greatly during the last week. While some companies have lost due to negative forecasts, others, such as BMW, enjoy buying recommendations. The US markets also show mixed results; While Dow Jones gave up 0.3 percent, the S&P 500 increased by 0.2 percent. These different movements in the markets are a clear sign of the uncertainties that exist in the current economic situation, especially in view of the global geopolitical challenges and the influence of Donald Trump on the trade relationships of the USA and Japans.