The DAX index continued its impressive performance on Wednesday, May 1, 2025, marking its seventh consecutive day of gains. It closed at 22,496.98 points, reflecting a 0.3 percent increase. As traders looked ahead to the week’s end, expectations rose, with the broker IG projecting a further 1.3 percent increase to 22,798 points on Friday, May 2, 2025.
Several major companies are set to report quarterly figures, including BASF, Shell, ExxonMobil, and Chevron, which adds to the anticipation in the market. Additionally, the DHL Group will hold its annual general meeting on the same day, potentially impacting investor sentiment. The previous evening, Apple and Amazon had already released their quarterly reports, generating buzz among investors.
Airbus is also expected to attract attention following its recent numbers. Investors are advised to note that Munich Re and RWE will be trading ex-dividend on Friday, with Munich Re at 20.00 euros per share and RWE at 1.10 euros per share.
On Wednesday, the DAX saw strong performances from Deutsche Börse, Rheinmetall, and Vonovia, which were among the top gainers. Conversely, Zalando, Adidas, and Commerzbank found themselves at the bottom of the index.
In the cryptocurrency realm, Bitcoin has regained some ground, trading at 96,709 dollars on Friday morning, May 2, 2025. Meanwhile, gold prices have remained steady, with an ounce priced at 3,256 dollars.
The U.S. stock markets also showed positive trends on May 1, 2025, with the Dow Jones rising by 0.2 percent to 40,752.96 points. The broader S&P 500 index climbed 0.6 percent to 5,604.14 points, while the tech-heavy Nasdaq 100 saw a 1.1 percent increase, closing at 19,786.71 points.
As for the Asian markets on Friday, May 2, 2025, the Japanese Nikkei 225 index rose by 1.2 percent in late trading, while the Hang Seng index in Hong Kong gained 1.5 percent. Trading in mainland China remained suspended due to public holidays.
By 09:11 AM on May 2, 2025, the DAX had opened at 22,794.74 points, marking a 1.32 percent increase. Earlier, it had begun trading 1.43 percent higher at 22,818.18 points, a notable rise from the previous day's closing. The daily high for the DAX reached 22,826.68 points, while the low was recorded at 22,764.51 points.
Since the start of the week, the DAX has gained 2.04 percent, reflecting a strong upward trend. Just a month ago, on April 2, 2025, the index stood at 22,390.84 points, showcasing a significant recovery. Compared to three months ago, when the index was valued at 21,732.05 points, the recent performance highlights a robust market rebound.
Looking back a year, on May 2, 2024, the DAX was at 17,896.50 points, demonstrating a remarkable increase of 13.83 percent since the beginning of 2025. The current annual high is at 23,476.01 points, while the year’s low was recorded at 18,489.91 points.
The strongest performers in the DAX on May 2, 2025, include Siemens Energy, which rose by 4.23 percent to 70.40 euros, Bayer with a 3.84 percent increase to 23.92 euros, and Airbus SE, which climbed 3.34 percent to 152.02 euros. Other notable gainers are Heidelberg Materials and Infineon, rising by 2.58 percent to 178.75 euros and 2.44 percent to 29.60 euros, respectively.
On the flip side, Munich Re is facing pressure, down 3.99 percent to 577.60 euros. RWE and BASF are also struggling, with losses of 3.30 percent to 33.07 euros and 1.99 percent to 43.74 euros, respectively. EON SE and Deutsche Börse are likewise under pressure, down 0.88 percent to 15.28 euros and 0.46 percent to 282.20 euros.
The Deutsche Bank share has emerged as the most actively traded stock in the DAX, with 991,236 shares traded via XETRA on May 2, 2025. In terms of market capitalization, SAP SE holds the top spot in the DAX with a valuation of 297.829 billion euros.
Investors are keeping a close eye on the price-earnings ratios (P/E ratios) within the DAX. According to estimates from FactSet, Porsche Automobil vz is expected to have the lowest P/E ratio at 2.85. Meanwhile, Volkswagen (VW) vz is projected to offer the most attractive dividend yield at 6.73 percent in 2025.
As the trading day progresses, all eyes will be on how these developments unfold and their potential impact on the broader market. The DAX continues to reflect a resilient economic backdrop, with investors cautiously optimistic about future gains.
