DAX under pressure: record run ends, investors look ahead!

DAX under pressure: record run ends, investors look ahead!

On May 14, 2025, the German stock market will be mixed. After an impressive series of records, the DAX lost a few points and is currently at 23,456 points. A setback of up to 0.8 percent was registered in the morning when the index briefly fell to 23,444 points. Market analysts expect a technical correction after the run-up and are optimistic about a stabilization above the 23,475 point mark. These fluctuations are part of an overall volatile environment in which both risk management and investment strategies are more important than ever. While the US stock markets start with slight increases of 0.2 percent in the Dow Jones and 0.7 percent in the Nasdaq 100, the European market remains under pressure.

A data overview of market movements shows that Brent oil prices are at $66.46 a barrel, down slightly by 0.1 percent. Gold prices are also experiencing a decline of 1.9 percent and are heading towards the support at $3,200, currently at $3,191. In the currency market, the euro has improved its position and rises to 1.1216 dollars, an increase of 0.3 percent.

Company news and economic developments

The business landscape in Germany shows mixed results. Brenntag shares are recovering after a profit target reduction and announced savings measures. E.ON reports an increase in adjusted EBITDA of 18 percent to 3.2 billion euros. In contrast, Porsche SE posted a loss of 1.1 billion euros in the first quarter and Daimler Truck lowered its sales forecast to 430,000 to 460,000 units.

The transport infrastructure shows encouraging trends: Frankfurt Airport recorded a 4.8 percent increase in passengers to 5.34 million in April. TUI, on the other hand, reports an adjusted operating loss of 207 million euros. Other companies, such as Renk, also present positive figures with an order backlog of 5.5 billion euros and an increase in orders of 163.5 percent in the first quarter. Bilfinger increased its sales by 17 percent to 1.27 billion euros, while EBITA increased by 31 percent to 57 million euros.

DAX and its composition

The DAX includes the 40 largest German companies on the stock market and is designed as a performance index. Important criteria for inclusion in the DAX include a listing on the regulated market of the Frankfurt Stock Exchange and a free float of at least 10 percent. The index measures the growth in the value of investments, taking into account changes in capital and dividends. The daily calculation is carried out via the electronic trading system Xetra and is available in real time.

The DAX was first calculated on December 30, 1987 and officially launched on January 1, 1988 with 1000 points. Historically it is linked to the Börsen-Zeitung index and the Hardy index, although it can be calculated back to 1959. Products such as ETFs and index certificates also enable investments in the DAX, which serves as the basis for other stock market barometers such as MDAX, SDAX and TecDAX.

The further development of the DAX and company news remains of great importance for investors and market observers. The adjustments to the forecasts and the general economic data could be decisive for the coming weeks of trading.

For further information on current developments in the DAX and the German stock markets, visit daily news and Börse.de.