The Dax climbed to a fresh all-time high on Friday, extending the momentum from Thursday’s session.
The German benchmark index benefited from a synchronized global rally, with strong performance on Wall Street and a clear recovery in equity markets across South Korea and Japan providing tailwinds.
The upward move reflects a broadening of the risk-on sentiment that has characterized recent trading.
After a period of volatility, investors appear to be rotating back into equities, driven by improving macroeconomic signals and a stabilizing outlook for major economies.
The Dax’s ability to break through previous resistance levels suggests that buying interest remains robust among institutional investors.
This development follows a shift in market sentiment triggered by softer-than-expected US labor market data released on Thursday.