The Dax surged past the 26,000-point threshold for the first time in its history on Monday, marking a significant milestone for the German equity market.
The benchmark index gained 1.5% during the session, fueled by a confluence of macroeconomic tailwinds that shifted sentiment decisively toward risk assets.
This mix of factors allowed the Dax to break through its previous all-time high of 25,900 points.
The rally was primarily driven by a sharp decline in oil prices following diplomatic talks between the United States and Iran, which alleviated supply-side concerns.
Simultaneously, weaker-than-expected US economic data and the absence of restrictive signals from the Federal Reserve reduced pressure on bond yields, creating a favorable environment for equities.
This mix of factors allowed the Dax to break through its previous all-time high of 25,900 points.
According to Wiwo, the market’s breadth has widened as buying interest extends beyond traditional large-cap leaders.