“The Dax will rise to 17,000 points next year”

Bull and Bear in front of the Frankfurt Stock Exchange

The leading German index has risen by 17 percent this year.

(Photo: imago images / Mattias Christ)

Frankfurt A little something should still work: The share experts at DWS expect the share price to rise between six and eight percent on the stock markets in the coming year. In their opinion, nothing more is possible. The market recovery since the beginning of the year was already clear: the German leading index Dax has risen by a good 17 percent since then; It is a good 22 percent plus in the euro zone index Euro Stoxx 50 and up to a good 24 percent in the US index S&P 500.

The favorites of the fund managers of the Deutsche Bank subsidiary include European industrial, auto and consumer stocks, as well as the strong tech companies from the USA and Chinese stocks.

The Dax could crack the 17,000 point mark in 2022, said DWS chief investment strategist Stefan Kreuzkamp at a press conference of the fund house. That would be a plus of a good six percent.

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