BÖRSE CURRENT: DAX starts the new stock market year with a plus – 20,000 point mark defeated

At the opening on the first trading day of 2025 in Frankfurt, the DAX rose by 0.07 percent to 19,923.07 points. After temporarily falling into the red, it turned positive again, ending trading 0.58 percent higher at 20,024.66 digits.

In the opening minutes on Thursday, the leading index managed to return above the 20,000 point mark for the first time since mid-December and was ultimately able to maintain it. Meaningful prices will probably only be available in a few days, as many investors are unlikely to intervene in market activity again until next week.

Quiet trading day expected

Jürgen Molnar from broker Robomarkets pointed out in the morning that the first days and weeks of a new stock market year are usually accompanied by optimism and capital inflows. However, market observers see the critical point in the inauguration of Donald Trump as US President, which is scheduled for January 20th. According to market observer Andreas Lipkow, “the time until then could drag on like chewing gum.” That’s why he questioned the sustainability of initial price gains that morning.

Weak data from China

However, negative specifications came from China at the start of the year. The new stock market year began with disappointment there, wrote market observer Thomas Altmann from asset manager QC Partners in view of the gloomy economic data. China’s economy has not yet overcome its numerous problems.

A successful year 2024 for the DAX is coming to an end

The year 2024 was once again very successful for DAX investors with a profit of around 19 percent. Buoyed by this momentum, the German leading index was able to rise above the 20,000 point mark for the first time at the beginning of December and has recorded an overall increase of almost 20 percent since the start of the year. The leading index reached its current record high on December 13th at 20,522.82 points. Its closing price record is currently 20,426.27 points.

Challenges expected for the German stock market in 2025

Meanwhile, investors’ eyes are already focused on the coming year, which promises to be more turbulent than 2024. According to experts, investors are likely to be confronted with many geopolitical and economic challenges in the new year.

In the USA, for example, Donald Trump as president will probably push forward his “America First” policy, for example by increasing import tariffs. There is currently more shadow than light coming from China, one of the most important markets for many European companies. The economic situation there has been poor since the corona pandemic.

“We can only hope that a return of imagination and perhaps dynamism to the domestic economy following the reorganization of the political situation in Germany in February can compensate for the ‘America First’ strategy in Washington,” Molnar also wrote. Then next year there could be a plus in the DAX at the end of the year – perhaps for a change in the second and third row of the German stock market landscape.

Editorial team finanzen.net / dpa-AFX