A look at the history of the Dax can help to understand how the leading index will continue to develop.
(Photo: dpa)
Dusseldorf The Dax ended the first half of 2023 on the stock market with a bang. The Frankfurt Stock Exchange Barometer closed trading on Friday at 16,148 points. That means an increase of almost 16 percent since the beginning of the year. The Dax has only had a better start five times since 1989.
What worries many investors, however, is that July will see the start of the weakest stock market quarter of the year. By September, it’s going down by an average of 2.7 percent. In 2002, the three months were even catastrophic with a minus of 37 percent.
So is now the time for active investors to exit the stock market? In order to come closer to an answer, the Handelsblatt analyzed the entire history of the Dax and looked for anomalies that offer orientation. The result is complex – but the good news is: There is currently no reason to panic.
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