Lost your password?
Don't have an account? Sign Up

Germany’s benchmark stock index, closes at record high today.

German stocks that have outperformed recently include Rheinmetall, a large defense contractor that has been boosted by demand for weapons and ammunition since Russia invaded Ukraine. Rheinmetall’s shares have gained around 40% this year, making them the Dax’s top performer.

Tweet on the German stock market


Factset chart

China’s reopening has lifted German industrial stocks, as investors have sought exposure to companies that benefit from rising demand in the world’s second-biggest economy. Japanese stocks have also benefited: The Nikkei index closed Friday at a 33-year high.

Unlike most major stock indexes, the Dax is a total-return benchmark, meaning it takes into account dividend payouts by constituent companies. For that reason, its performance isn’t directly comparable to gauges such as the S&P 500.


Image: Franfurt Boerse