The DAX starts the Christmas week quietly and hovers around the zero line with low sales. Falling US interest rates support, index changes move the DAX family.
The DAX opened the shortened trading week 0.01 percent higher at 24,291.85 points. It then continues to move around the zero line.
Previous DAX records
On October 9th, the DAX reached a new record high of 24,771.34 points. Ultimately, it ended the day at 24,611.25 points, which also meant a new record based on the closing price.
Little movement before Christmas
Since institutional investors have largely already adjusted their positions for 2025, a calm market environment can be expected on Monday. However, there can be stronger movements in individual stocks: especially when sales are low, stocks from the second and third stock exchange tiers are particularly susceptible to major price fluctuations. At the end of the week, the DAX had received tailwind from a key interest rate cut in the USA as well as positive US inflation data and had regained the psychologically important mark of 24,000 points. The decline in inflation fueled hopes of further interest rate hikes by the US Federal Reserve in 2026. In addition, the European Central Bank (ECB) left its key interest rate unchanged, meaning that the state and companies continue to benefit from comparatively favorable financing conditions with which the Eurozone starts the year 2026, which is full of economic expectations.
With regard to a possible end to the Russian war of aggression against Ukraine, no substantial progress can be seen. US special envoy Steve Witkoff expressed satisfaction after talks with Russian representatives in Miami, but there were no concrete results or a breakthrough.
Aside from geopolitical developments, there are several changes within the DAX family at the beginning of the week.
Editorial team finanzen.net / dpa-AFX / Dow Jones Newswires
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