DAX on Track for Best Year Since 2019
2025-12-30 09:00
By
Luisa Carvalho
1 min. read
The DAX in Frankfurt was little changed around 24,345 in the final trading session of the year, staying near two-week highs, amid low volumes and year-end portfolio rebalancing.
Investors are awaiting the minutes from the latest Federal Reserve meeting, which are expected to reveal a divided central bank and uncertainty over next year’s monetary policy direction.
Meanwhile, geopolitical risks persist, with stalled peace talks in Ukraine and US President Donald Trump’s renewed threats of a strike on Iran, alongside persistent tensions with Venezuela.
Defense stocks and banks provided support to the index.
Rheinmetall led the gains, rising 1.8%, followed by Renk (+1.7%) and Hensoldt (+1.6%).
Among banks, Commerzbank advanced 0.9% and Deutsche Bank added 0.3%.
On the opposite side, auto stocks such as BMW (-0.8%) and Porsche (-0.5%) saw some pressure.
For 2025, the DAX is set to finish the year up more than 22%, which would be its strongest annual performance since 2019.