DAX remains stable: Investors look at quarterly reports and inflation

DAX remains stable: Investors look at quarterly reports and inflation

On Tuesday, April 11, 2025, the DAX in Frankfurt is stable and gains slightly. At 12:08 p.m., the index recorded an increase of 0.08% to 23,585.46 points. This follows a mostly quiet day of trading, with much of the focus being on the upcoming quarterly reports. Despite opening at 23,583.74 points and a daily high of 23,622.07 points, the DAX also showed a daily low of 23,543.05 points. Considering the DAX's market value of 2.100 trillion euros, this reflects the stability of the market, even after the index closed at 20,374.10 points the previous day. Because this is a significant increase compared to the previous year, when the DAX was at 18,742.22 points on May 13, 2024.

The DAX has performed remarkably since the beginning of 2025 with an increase of 17.78%. The annual high was reached at 23,911.98 points, while the annual low was 18,489.91 points. These successes are partly due to the easing of the tariff conflict between the USA and China, which led the DAX to close to 24,000 points last week. However, the index lost most of its gains at Monday's close.

Current market movements

Bayer stands out among the top stocks in the DAX, attracting the most attention with an increase of 8.54% to EUR 26.12. Other winners include Zalando (+2.25% to EUR 32.31) and Volkswagen (VW) vz (+1.98% to EUR 103.15). On the other hand, some companies are trading in the red. Munich Reinsurance Company suffered a decline of 3.99% to EUR 557.60, followed by Vonovia SE with -3.43% to EUR 28.13 and Hannover Re, which fell by 2.65% to EUR 271.60.

• Top-Aktien im DAX:
  • Bayer: +8,54 % auf 26,12 EUR
  • Zalando: +2,25 % auf 32,31 EUR
  • Volkswagen (VW) vz: +1,98 % auf 103,15 EUR
  • QIAGEN: +1,62 % auf 38,89 EUR
  • Porsche Automobil vz: +1,47 % auf 37,85 EUR
• DAX-Verlierer:
  • Münchener Rückversicherungs-Gesellschaft: -3,99 % auf 557,60 EUR
  • Vonovia SE: -3,43 % auf 28,13 EUR
  • Hannover Rück: -2,65 % auf 271,60 EUR
  • Siemens Energy: -1,30 % auf 74,64 EUR
  • SAP SE: -0,53 % auf 261,10 EUR

Market forecast and outlook

The valuation of the DAX is increasingly viewed critically. Portfolio manager Thomas Altmann points out that the index is no longer cheaply valued, as the price-earnings ratio is now three points above the 20-year average. The publication of inflation data from the USA, which could influence market events, is also eagerly awaited this Tuesday.

The largest trading volumes are recorded by Bayer, while SAP SE has the largest weighting in the DAX with a market capitalization of 306.229 billion euros. Interestingly, Porsche Automobil vz has the lowest price-earnings ratio in the DAX at 3.08. In contrast, the Mercedes-Benz Group has the highest dividend yield for 2025 at 6.15%.

Overall, the DAX remains stable after its record run. Analysts and investors are now turning their attention to the upcoming quarterly reports from important companies such as Munich Re, Siemens, Deutsche Telekom and Allianz.

For detailed information and current trading data you can visit the reports finance.net as well as t-online.de read up.