Germany’s DAX Index Hits Record High of 22000 Points
Germany’s DAX hit a record 22000 points for the first time on after trading ended on February 11.
The Frankfurt based index measures the overall performance of Germany’s top 40 companies. Germany’s DAX index increased by 0.6% to hit a record high of 22,003.91 points before sinking again slightly.
The landmark comes less than a month after the DAX broke the 21,000-point mark for the first time on January 20. This was just a few months after DAX surpassed 19,000 for the first time in September 2024.
What’s behind the Germany’s DAX Hitting 22000
Germany’s benchmark blue-chip stock index topped 22,000 points for the first time.
The DAX, comprised of 40 large publicly traded German corporations, has recently been hovering around the 21000 mark.
The DAX rose about 0.6% to 22034, driven by technology stocks and banks.
The best performers of the session on the DAX were SAP SE, Siemens AG, and Deutsche Bank AG.
The trend is a rare piece of upbeat news from Europe’s biggest economy recently. In 2024, Germany narrowly avoided a recession.
ECB rate cuts in 2025
Experts attribute the increasing performance to sinking interest rates.
In January, the European Central Bank (ECB) again cut its benchmark interest rate by a quarter-point to 2.75%.
The cut happened amid inflation nears 2%, and growth remains weak.
Trade War
The latest peak comes despite fears of an escalating trade conflict after President Trump announced tariffs of up to 25% on steel and aluminium imports.
So, there is caution about whether the DAX can retain its record tempo.
