FRANKFURT (dpa-AFX) – The prospect of an economic recovery in this country in the new year as well as a record high on the US stock exchanges also gave the DAX new records on Monday. The stock market barometer ended trading with an increase of 1.34 percent to 24,868.69 points. The German benchmark index reached its last record high in October.
The MDAX of medium-sized stocks gained 1.53 percent to 31,454.32 points. The leading index of the Eurozonethe EuroStoxx 50, followed suit with the Dax and Dow (Dow Jones Industrial) and also continued its record course. Outside the euro region, the British FTSE 100 also ended the day with gains, while the Swiss SMI fell moderately on its first trading day of the new year.
Towards the end of 2025, investors on the German stock market had already increasingly placed their bets on a revival of the German economy through the federal government’s debt-financed infrastructure and armaments billions and through less bureaucracy.
“Investors seem determined to price the fundamental realignment of the German economy – supported by the reform hopes under the Merz government – into prices,” wrote analyst Frank Sohlleder from the trading company ActivTrades. Nevertheless, the market dynamics remain fragile for the time being, as the trading volume only gradually increases again after the holidays./ck/jha/