German Stock Market Begins 2025 on a Positive Note, Dax Surges Above 20,000-Point Mark

German stock market begins 2025 on a high note

Frankfurt: The German stock market started the new year with gains on Thursday, as the Dax index surged above the 20,000-point mark for the first time since December 19. In the early trading hours, the Dax rose by 0.56%, reaching 20,020.23 points.

The MDax, which includes medium-sized German companies, also saw a positive performance, climbing 0.64% to 25,752.48 points. Meanwhile, the EuroStoxx 50, representing major European stocks, rose by 0.3%, further demonstrating the optimism surrounding European markets at the start of the year.

The gains in Germany came despite disappointing economic data from China, which had a ripple effect across global markets. China's weaker-than-expected economic indicators for December, particularly in the manufacturing sector, raised concerns about the pace of recovery in the world's second-largest economy. However, these concerns were not enough to derail the strong performance of European markets, including the Dax.

The resilience shown by the German stock market in the face of global economic uncertainty highlights the strength of Germany's economic fundamentals and investor confidence in its recovery outlook. As the Dax and other European indices continue their positive start to 2025, eyes will remain on global economic developments, particularly from key regions like China, the U.S., and the eurozone, to gauge how market sentiment evolves in the coming weeks.