The DAX started the trading day on Tuesday with gains. Around 9:30 AM, the benchmark index was calculated at approximately 25,220 points, marking an increase of 0.9 percent over the previous day’s closing level. Infineon, Deutsche Post, and Siemens led the performance, while Bayer, Rheinmetall, and Hannover Re finished near the bottom of the list.
Regarding the broader market outlook, Thomas Altmann of QC Partners commented on the Middle East situation, stating that the environment remains unclear. He noted that it is difficult for investors to value the current situation because it is unknown whether Iran will only briefly interrupt negotiations or terminate them permanently. Furthermore, there is no certainty regarding whether President Trump’s mediation efforts between Israel and Hezbollah will succeed.
Altmann pointed out that as long as the news from individual countries remains divergent, the stock markets will struggle to find a stable course. He added that while the enthusiasm of investors might suggest a path toward peace, “it is still too early to celebrate” according to Altmann, concluding that the recent excitement may have been premature.
The 25,000-point mark on the DAX remains a contested level. Although many traders are pleased every time the index crosses 25,000, Altmann explained that follow-up buying has consistently failed to materialize. Instead, reliable profit-taking has been observed above the 25,000 threshold. This pattern of profit-taking, coupled with a waning willingness to purchase shares, could potentially cause the DAX to fall back below 25,000 again.
