European stocks rebounded from 1-month lows on Monday, with Frankfurt’s Dax rising more than 1% as concern over volatile retail trading receded. Meanwhile, coronavirus vaccination rollout in Europe continues to worry investors as it has been slower than expected and the number of cases continues to rise and as tensions between the EU and AstraZeneca over vaccine supplies increase. On the data front, manufacturing PMIs were revised higher for the Euro Area, Germany and France. Still, German retail sales shrank more than expected in December due to tighter lockdown measures to curb the spread of Covid-19.
Historically, the Germany DAX 30 Stock Market Index reached an all time high of 14134.53 in January of 2021. Germany DAX 30 Stock Market Index - data, forecasts, historical chart - was last updated on February of 2021.
The Germany DAX 30 Stock Market Index is expected to trade at 13118.54 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 12218.54 in 12 months time.