The DAX index closed 0.2% lower on Monday, marking its second consecutive session of slight losses. Among major stocks, Siemens and Merck saw significant drops of 1.7% and 2.5%, respectively. Allianz remained relatively unchanged, while SAP, Airbus, Munich RE, and Deutsche Telekom posted modest gains. In other corporate news, Bayer fell 0.8% and Sartorius dropped 2.3%, continuing declines from Friday after Robert Kennedy Jr.’s appointment to the US Department of Health and Human Services. On a positive note, Mercedes and BMW both rose by 1.1%, benefiting from renewed optimism for China-exposed stocks amid reduced concerns about weak demand in the region.
The main stock market index in Germany (DE40) increased 2389 points or 14.26% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany. Historically, the Germany Stock Market Index (DE40) reached an all time high of 19678.30 in October of 2024. Germany Stock Market Index (DE40) - data, forecasts, historical chart - was last updated on November 18 of 2024.
The main stock market index in Germany (DE40) increased 2389 points or 14.26% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany. The Germany Stock Market Index (DE40) is expected to trade at 19183.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 18517.62 in 12 months time.