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DAX index hits new highs despite Germany's economic crisis | DW News
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February 12, 2025
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February 12, 2025
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5:38Now PlayingGermany's leading stock market index, the DAX, cracked the landmark figure of 22,000 points for the first time.
That's despite Germany being deep stuck in a deep economic crisis, with the economy shrinking for the last two years and set for a third consecutive year of decline in 2025.
DW spoke to Sandra Navidi, CEO of the consulting firm BeyondGlobal and economic expert, on how the DAX is doing so well despite Germany's economic problems.
She explained that the average German citizen would likely get little benefit from the latest market records.
The Frankfurt-based index, which measures the overall performance of Germany's top 40 companies, increased by 0.4% on Tuesday 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, and just a few months after surpassing 19,000 for the first time back in September.
Experts put the increasing performance down to sinking interest rates, with investors seemingly not put off by the return of US President Donald Trump to the White House.
#dax #germany #economy
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