Stock market topic of the week: Dax on record course - how is this possible?
There are at least five good reasons why the Dax is rising despite geopolitical crises and chronically weak German economy.
The Dax has risen nearly 20% since its year-low in March and almost 100% over the past four years. The index reached its 15th all-time high of the year last week. Despite expectations of a possible correction, particularly given the historically weak market performance in August and September, there are five key factors supporting the Dax's upward trend.
The global economy is growing robustly at around 3% this year, led by the US economic recovery, which benefits German stocks, as 80% of their revenue is generated abroad, with the US being the largest single market at 23%. The Dax also benefits from the AI boom and global investment cycle, particularly among its export-driven industrial companies like Siemens, Siemens Energy, and Infineon.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
