Stock Market: equity levels regained - is it time for investors to anticipate record-breaking peaks again?
The European markets experienced a positive day on Friday, with the German benchmark index DAX and the Euro Stoxx 50 both showing growth. The DAX recovered from its setback and stood at 18,536 points, up 0.5 percent, while the Euro Stoxx 50 was up 0.4 percent, reaching 4,902 points.
Investors are keeping a close eye on US Federal Reserve Chairman Jerome Powell's upcoming speech, hoping for clues about the timing and magnitude of the first interest rate hike. The speech, scheduled for Friday, has investors cautiously optimistic, with many looking for signs of a supportive monetary policy.
Deutsche Bank is currently leading the performance in the German benchmark index, with a significant gain of over four percent. The bank's positive performance can be attributed to continued share buybacks and positive outlooks in the banking sector amid broader market volatility and expectations of a US Federal Reserve interest rate cut. Deutsche Bank's agreement with a large portion of former Postbank shareholders in the compensation dispute is also expected to have a positive effect on its operating profit in the current quarter.
Business sentiment data in the Eurozone surprised positively in August, with the composite purchasing managers' index (PMI) for manufacturing and services rising significantly above the 50-point expansion threshold. This positive data has contributed to the upward momentum of the DAX and Euro Stoxx 50.
Investors are currently focused on new DAX entrants like GEA and Scout24, valued for their sustainable growth, profitability, and capital efficiency. These companies replaced Porsche and Sartorius in the index as of September 22, 2025. GEA, a global leader in food, beverage, and pharma processing technology, is one of the new additions to the DAX.
However, not all stocks are performing equally well. Bayer's stock is experiencing a loss of over one percent, with the loss being a correction of the price jump from last Friday. There are no major losers in the DAX apart from the Bayer stock.
Investors are also keeping a close eye on events at the meeting of central bankers in Jackson Hole, USA, which is scheduled to take place soon. The meeting is likely to provide further insights into the global economic outlook and potential monetary policy decisions.
Read also:
- chaos unveiled on Clowning Street: week 63's antics from 'Two-Tier Keir' and his chaotic Labour Circus
- Skechers Debuts First American Stores Focused on Athletic Footwear Performance
- Budget discrepancy jeopardizes highway projects' financial support
- Racing ahead in Renewable Energy Dominance: Changzhou, Jiangsu Pushes for Worldwide Renewable Energy Ascendancy
