After the DAX appeared fickle in early trading, things are now going up. This brings the important mark of 23,000 points back into the focus of investors.
The DAX started the session 0.07 percent higher at 22,578.84 points. After briefly going into red territory, the German leading index climbed significantly into the black. Even in the early afternoon the barometer remains on green terrain.
Before the Easter holidays, sales will remain limited as there will be no trading on the Frankfurt Stock Exchange next Friday or Monday.
22,000 point mark as an important threshold
The psychologically significant threshold of 22,000 points is now somewhat out of sight. Market observers warn: If the index falls below 21,863 points, it would fall to its lowest level since the violent “tariff shock” in April 2025.
Middle East war & oil prices continue to cause movement
Meanwhile, Iran has continued shelling neighboring Gulf states with ballistic missiles and drones a month after the US-Israeli attacks began. A Kuwaiti oil tanker was also hit off the coast of Dubai. Oil prices – currently the most important indicator of investors’ economic and inflation concerns – remained stable at a high level. A barrel of North Sea Brent for delivery in June recently cost a good 107 US dollars, about the same as the day before.
Inflation data is coming into focus
With the surge in oil prices in the wake of the Iran war, inflation has increased Eurozone clearly dressed. In a year-on-year comparison, consumer prices rose by 2.5 percent in March, as the Eurostat statistics office announced on Tuesday in Luxembourg according to an initial estimate. In February the inflation rate was 1.9 percent. However, economists had on average expected an even stronger increase to 2.6 percent. The European Central Bank (ECB) is aiming for annual inflation of two percent in the medium term.
DAX record from January a long way off
On January 13th, the DAX reached an all-time high of 25,507.79 points, exceeding the 25,500 point threshold for the first time in its history. Ultimately, it ended the day at 25,420.66 points, which was a new record based on the closing price.
Bettina Schneider, Alexandra Hesse, Melanie Schürmann, Benedict Kurschat, finanzen.net editorial team with material from dpa-AFX and Dow Jones Newswires
