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tz-plus logo DAX: Record above 25,000 Points!

M. Blattmann
Reading Time: 4 minutes

The German stock market has started the new year with momentum. For the first time in its 37-year history, the DAX has risen above the 25,000 point mark, achieving a new all-time high. However, this is not a widespread boom, but rather a selective record rally. The historical index level masks significant differences between individual stocks and brings central questions about valuation, sustainability of the rise, and the actual drivers of stock prices to the forefront. Since 2002, the DAX has risen by more than 1,000% The path to this record...

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