DAX Index forecast as it loses key support and top laggards revealed
The DAX Index has declined to its lowest level since June, dropping to €23,180. Adidas, Zalando, and Scout24 are major laggards, with Adidas shares down 40% since February. Despite strong financial results, these companies have seen significant stock declines. The index has fallen below key support levels, indicating a bearish trend, with potential further declines to €21,600. Top gainers include Deutsche Post and BMW.