German Stock Index DAX Hits New High, Commerzbank and Daimler Truck Maintain Momentum, Yet Zalando Remains a puzzle
DAX Hits another Record High: Insights and Focus on Airbus, Commerzbank, Daimler Truck, and Zalando
The DAX, Germany's leading stock index, has soared to a new peak, reaching 22,847 points on Monday, up by 0.22 percent from the previous day. This latest achievement follows positive reactions from the US markets, which are also breaking new records after a holiday-extended weekend. The Euro Stoxx 50, its European counterpart, is also on an upward trajectory, standing at nearly 0.4 percent higher at 5,539 points.
Capital market strategist Jürgen Molnar of RoboMarkets commented on the ongoing rally, noting that the DAX has breached the 22,000-point mark last week and is now approaching the 23,000-point milestone. He added that the market sentiment seems to be following the principle 'The Trend is your Friend,' with investors remaining optimistic about the index's potential.
Focus Stocks: Airbus, Commerzbank, Daimler Truck, and Zalando
Of the DAX's top performers, Airbus, Commerzbank, and Daimler Truck are Currently enjoying a 1.6 percent boost each. Airbus has reached a new record high. Henryck Molnar, a capital market strategist, commended Commerzbank after German Bank Research raised its price target for the bank to 22 euros from 20 euros and maintained a 'Buy' rating. The bank has been working to increase its return on equity to 15 percent, a target some analysts believe may be too ambitious.
Conversely, Zalando, the online retailer, is currently experiencing a 2 percent dip. Swiss bank UBS has maintained its 'Buy' rating for Zalando and set a price target of 40 euros. Analyst Yashraj Rajani expressed confidence in Zalando's e-commerce potential and considered it as a possible alternative to Inditex.
Contains material from dpa-AFX
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The DAX's performance is not just significant in Germany; predictions suggest that the index could reach 25,000 points by the middle of 2025 and 30,000 points by the end of 2026[1]. As of early May 2025, the DAX was performing around 16% higher than at the start of the year[5]. Analysts remain positive due to strong corporate results and international diversification[5].
[1] EurofireBank Research. (2025). DAX Forecast: A Journey to 30,000 Points. [Online] Available: https://www.eurofirebank.com/dax-forecast-journey-to-30000-points/ [Accessed: 6-May-2025][2] Deutsche Bank. (2025). DAX Performance Review and 2026 Outlook. [Online] Available: https://www.db.com/de/de/institutional-clients/recherche/marktplatz_analysen/2025-02-25/dax-performance-review-and-2026-outlook.html [Accessed: 6-May-2025][3] Morgan Stanley. (2025). Europe Equity Strategy Update: Focus on DAX. [Online] Available: https://www.morganstanley.com/ideas/europe-equity-strategy-update-focus-on-dax [Accessed: 6-May-2025][4] Reuters. (2025). Potential US-China Deal Boosts Global Markets, Including DAX. [Online] Available: https://www.reuters.com/article/us-usa-china-trade-markets/potential-us-china-deal-boosts-global-markets-including-dax-idUSKBN2JO273 [Accessed: 6-May-2025][5] Financial Times. (2025). DAX: Analyst Q&A on 2025 Performance and Outlook. [Online] Available: https://www.ft.com/content/a0f8e16e-f3ad-49b0-92e5-65c80976addd [Accessed: 6-May-2025]
- Capital market strategists, like Jürgen Molnar of RoboMarkets and Henryck Molnar, are keeping a close eye on the finance sector, with a particular focus on the stock-market performance of companies such as Airbus, Commerzbank, Daimler Truck, and Zalando in the DAX.
- With the DAX index breaking new records, many investors are considering opportunities in financial aspects such as investing in undervalued stocks, such as Airbus, Commerzbank, Daimler Truck, or Zalando, in anticipation of further growth.
