The DAX ended Thursday’s session up at 25,289 points, a rise of 0.5 % from the previous close.
According to Andreas Lipkow, chief market analyst at CMC Markets, the index struggled at the start of the day but gained momentum and crossed the 25,300‑point threshold. “However, when Wall Street opened, Nvidia’s strong earnings triggered profit‑taking that pulled the DAX lower again” he said.
Lipkow pointed out that this 25,300 level is a turning point the market has seen three times in February. If the index rebounds here, more investors could lose patience. “To reach an all‑time high, the DAX will need to clear this barrier soon” he added.
He noted that investors’ wariness about geopolitical and trade concerns has eased, but trading volumes have been falling for several days, giving the current consolidation a fragile footing. At the same time, there are opportunities if buyers return and trading volume rises.
SAP and Deutsche Börse were the top‑performing stocks at Frankfurt’s close, while Heidelberg Materials fell to the bottom of the list. Although the construction‑materials firm posted a record profit, its forecast disappointed investors. In addition, debates over possible weakening of climate regulations – despite early investment in greener production – weighed on its shares.
On energy prices, the cost of 1 MWh of gas for March delivery rose to 32 Euro, up 3 % from the previous day, implying a consumer price of about 8-10 cents per kWh including taxes and charges if the level stays.
Brent crude was 72.29 USD per barrel at 4:17 p.m. German time, up 2.0 % from the previous close.
The euro slipped slightly against the dollar, trading at 1.1789 USD per euro, or 0.8482 EUR per USD.
