The DAX is standing at a critical juncture: after the recent weakness, investors are anxiously watching the psychologically important 24,000-point mark. Hopes for a year-end rally or the traditional Halloween effect, which plays a role for many investors, are threatening to fade unless an impulse can be generated that instills new price imagination in market participants, thereby stimulating demand for DAX stocks.
Can US Markets Ignite the DAX Again?
US markets also took a break after their recent record runs in the past trading week, processing the new all-time highs. This could, in turn, be an indication that the upward movement in the US is not yet fully exhausted, potentially pulling the DAX along once the shallow correction ends. One thing seems certain: innovation for new impulses once again does not seem to originate in Europe. However, German DAX companies, due to their expertise and market position, could become the beneficiaries of the current economic and political power games between the US and China, thereby boosting the DAX.
Siemens Energy Defies Negative Performance – Airbus Tops 3-Month Ranking
Among individual stocks on Friday, there were few bright spots. Only Siemens Energy barely cleared the one percent hurdle, closing with a gain of 1.1 percent. On the negative side, Symrise slipped by 2.3 percent. The 3-month performance figures show a markedly strong development for Airbus, Fresenius, and RWE. These three DAX stocks occupy the top 3 spots, demonstrating an exceptionally stable uptrend, with both Airbus and Fresenius achieving over 20% performance, and RWE close behind with a 19.2 percent gain.
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