World stock markets are recording significant gains, driven by a revival in the technology sector and positive economic data from the USA. The German DAX index surpassed the psychological barrier of 25,000 points for the first time since mid-January. Optimism from Wall Street spread to Asian markets, where exchanges in Seoul and Sydney reached record levels. Despite geopolitical tensions in the Middle East, investors are more willing to return to risky assets.
Historic Triumph for DAX
The German DAX index exceeded 25,200 points, reaching its highest level since mid-January thanks to support from US markets.
Records in Seoul and Sydney
Exchanges in South Korea and Australia recorded record sessions, where technology companies and chip manufacturers were the growth leaders.
Commodities Under Pressure
The price of gold reached $5,000, and Brent crude oil is becoming more expensive in response to the impasse in negotiations between the USA and Iran.
Condition of the Defense Sector
British BAE Systems announced record profits, which drove gains in stocks across the entire European defense market sector.
European and Asian capital markets have recorded significant gains in recent days, which analysts link to improved sentiment around technology companies. The German DAX index closed the session at 25,278.21 points, representing a gain of 1.12% and the highest level in a month. Similar trends were observed in Italy, where the FTSE MIB gained 1.3%, and in London. The main driving forces in Europe were bank stocks, including a strong rally by Mediobanca, and the defense sector, represented by record results from British BAE Systems. The DAX index, grouping the 40 largest listed companies in Germany, was introduced in 1988 with a base value of 1000 points. Since then, it has become the most important barometer of the condition of Europe's largest economy.In Asia, sentiment was dictated by a rally in South Korea, where the Kospi index rose by almost 3% thanks to the excellent condition of semiconductor manufacturers. Investors ignored earlier concerns about a bubble in the artificial intelligence sector, which translated into gains for giants like Nvidia. Trading in the region was somewhat reduced due to holiday breaks in China and Hong Kong related to the Lunar New Year. Asian currencies, including the yen, remained stable against the dollar, which benefited exporters. 25,278 — points reached by the German DAX indexSimultaneously, dynamic changes are observed in commodity markets. The price of Brent crude oil approached the $70 per barrel mark due to uncertainty regarding US-Iran relations. Meanwhile, gold continues its upward march, reaching $5,000 per ounce in spot transactions. Analysts emphasize that the market is now awaiting the publication of minutes from the last Fed meeting, which may shed new light on future decisions regarding interest rates in the United States. DAX: 1.12, FTSE MIB: 1.3, IBEX 35: 1.3, CAC 40: 0.8, AEX: 1.4 The Milan Stock Exchange, known as Borsa Italiana, has its roots in 1808 and is currently part of the Euronext group, which brings together the most important exchanges in the eurozone.„The rally we are observing seems to have solid foundations in companies' financial results, and not just in speculations regarding monetary policy.” — Market AnalysisLiberal-leaning media emphasize the successes of the technology sector and innovation as fuel for economic growth. | Conservative media point to geopolitical risks and the impact of rising market oil prices on inflation.
Mentioned People
- Sanae Takaichi — Prime Minister of Japan, whose fiscal policy influences the yen exchange rate and sentiment on the Tokyo stock exchange.