The German leading index is unlikely to make much progress on the day before the new trading break due to New Year’s Eve and New Year’s Day.
On Monday, the DAX was 0.05 percent stronger at 24,351.12 points from main trading. It is also expected to be at around this level at the start of Tuesday trading.
On today’s last trading day of 2025, only shortened trading will take place on XETRA. Trading closes at 2 p.m. The stock exchange will be closed on New Year’s Eve and New Year’s Day before investors can trade on XETRA for the first time in the new year on Friday, January 2nd.
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.
Strong stock market year for the DAX
If the annual increase of more than 22 percent in the DAX is no longer shaken up this Tuesday, 2025 would be the best stock market year for the leading index since 2019. The DAX remains within striking distance of the record. Before that, however, there is still the hurdle of the December high at just under 24,500 points, which is an important chart mark.
Low trading volumes could bring further volatility at the end of the year
While liquidity on the stock exchanges thins out before New Year’s Eve, the activity of private investors on over-the-counter trading venues increases. “Investors apparently have time between the years and are making final changes to their portfolios,” said a trader on Monday evening, referring to the after-hours business in German stocks at Lang & Schwarz. “Trading took place across the board,” added the market participant.
However, low trading volumes and rebalancing at the end of the month, quarter and year could once again cause erratic price fluctuations for individual and sector stocks on Tuesday. According to market observer Stephen Innes of SPI Asset Management, in the context of a sharply shortened trading week, “any flow of money, no matter how small, can leave a disproportionate impact.”
Ukraine peace negotiations remain in view
Meanwhile, the situation in Ukraine remains an issue. The Russian President Vladimir Putin wants to revise his position in negotiations with US President Donald Trump, according to the Kremlin, because of an alleged terrorist attack in Kiev. Ukrainian President Volodymyr Zelensky dismissed the allegations as lies.
Editorial team finanzen.net / dpa-AFX / Dow Jones Newswires