Historic Milestone: DAX Celebrates New All-Time High – Launching the 25,000 Push!
Whenever critical voices multiply in the market, the DAX often proves them wrong: the German leading index has marked a new all-time high. A combination of positive political signals—including the German government's restraint on social benefits ("Bürgergeld"), commitments to the automotive industry, and the breakthrough in the Gaza deal—provided the necessary tailwind for investors. Following its record run, the DAX closed yesterday at 24,611.25 points. Despite a marginal daily gain of 0.06 percent, the index is holding this high level stable. The new all-time high now stands at 24,771 points, and it seems to be only a matter of time before the index breaks through the door toward the 25,000-point mark.
Record Day: Heidelberg Materials and Bayer Shine in Upswing
Individual stocks also showed strength on the record day. Heidelberg Materials stock led the DAX, gaining 2.9 percent. It was closely followed by Bayer stock, which rose 2.8 percent. The uptrend for Bayer has stabilized after leaving its recent low point and could lead to further annual highs by the end of the year. Deutsche Telekom completed the top 3 with a price increase of 1.4 percent.
Full Speed Ahead? How the DAX Plans to Crack 25,000 Points
The critical question ahead of the weekend is: Will investors follow the euphoria and close the week at record levels, or will they pull back for profit-taking? The technical fact that selling remained limited after reaching the all-time high is a strong bullish sign. This suggests that the strength is sustainable and that further record highs could follow. Consequently, the 25,000-point price mark is no longer a pipe dream but the next achievable target.
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