Handelsblatt editor Jürgen Röder analyzes to what extent the current figures indicate a positive year for the stock market.
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Dusseldorf Statistically, a simple rule applies on the stock exchanges: The better January, the better the stock market year – at least if you look at the best opening months in the history of the Dax. That’s what Jörg Scherer, Head of Technical Analysis at HSBC Germany, did.
The German standard values achieved the largest price increase so far in the first month with 9.5 percent in 2012, by the end of the year a further 20 percent had been added. In second place is January 1996 with a price increase of nine percent and another 19 percent in the following eleven months.
The last friendly start to the year dates back to 2019, with an increase of 6.6 percent and another 18 percent by the end of the year. Of course, there are counter-examples such as 2015, when the Dax was only just able to save this profit after the opening month with a plus of nine percent by the end of the year, amid significant fluctuations.
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