German indices are off to a solid start to 2025, with double-digit gains for the DAX and TecDAX and slightly slower advances for the MDAX and SDAX. Specialists believe that the new electoral situation on the other side of the Rhine will be positive for the German economy, not least because the emerging coalition will be pro-deregulation.
German indices are on a roll this year, despite economic fears and political instability. Investors believe that Europe has a card to play in the face of the short-term uncertainties generated in the US economy by Donald Trump’s policies. The strong performance of technology stocks can be seen on the TecDAX, which has just outperformed the DAX.
Here’s a brief reminder of the main characteristics of the four main Deutsche Börse indices in Frankfurt:
The DAX (Deutscher Aktienindex) comprises 40 stocks (compared with 30 until 2021). It’s based on free-float market…
