European stock markets rose on Monday, with Frankfurt's DAX 30 climbing above the 14,160 mark for the first time and other major indexes rising between 0.2% and 1%, amid hopes of more stimulus in the US and easing political uncertainty in Italy. Investors worldwide see the US Congress passing the $1.9 trillion support package in the coming weeks, while Italian Prime Minister-designate Mario Draghi has secured support from the parliament's two largest parties to form a government. On the economic data front, industrial production in Germany stagnated in December, missing forecasts of a 0.3 percent increase, as lockdowns hit the export sector.
Historically, the Germany DAX 30 Stock Market Index reached an all time high of 14163.92 in February 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 13727.79 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 12785.99 in 12 months time.