Environmental Safeguard Proposal Request for the Commission
In the current market climate, the DAX index is experiencing a volatile downtrend, reflecting tariff-related uncertainty and weak trading conditions [1][3]. This downward trend, attributed to the accumulation of sales and earnings warnings, has put a significant strain on several major German stocks, including Adidas, Evonik, GEA, Heidelberger Druck, Mutares, and SAP [1].
One notable exception to this trend is Bayer, which has managed to gain about 3.2% after raising its 2025 sales forecast [2]. Despite the general downward trend affecting most other DAX constituents, Bayer's improved outlook offers a glimmer of hope in an otherwise challenging market.
However, the outlook for the other listed companies, all heavily integrated in global trade and the German industrial base, is less rosy. The ongoing trade tensions, particularly Trump-era tariffs, are likely weighing on their outlooks given the broader DAX weakness [1][3]. Market sentiment and technical trading ideas suggest preparing for short positions on DAX-related equities due to tariff concerns and the overall worry about export costs and competition, notably from Chinese manufacturers [3].
Among these companies, Adidas, Evonik, GEA, Heidelberger Druck, Mutares, and SAP, there is no specific recent news on individual performance or forecasts in the search results. However, the fragile market environment and tariff-related uncertainties are likely impacting their outlooks.
It's important to note that the management and majority shareholder of the publisher Börsenmedien AG, Mr. Bernd Föst, holds positions in Bayer NA [4]. This connection raises a conflict of interest for the publication, as Börsenmedien AG is involved in the publication of information about Bayer NA [5]. Mr. Föst's positions in Bayer NA are not disclosed in the previous bullet points, and the nature or extent of these positions is also undisclosed [4][6]. The potential price development of Bayer NA is relevant to Mr. Föst's positions, as any positive developments could benefit him directly [7].
DER AKTIONÄR will be examining Adidas, Evonik, GEA, Heidelberger Druck, Mutares, and SAP on Friday, in addition to Bayer [8]. Widespread profit-taking is occurring due to the unfavorable market conditions, and investors should expect continued high volatility and possibly elevated risk for these stocks unless trade tensions ease or corporate outlooks improve substantially [1].
[1] "DAX Index Plunges as Trade War Fears Mount." Reuters, 2025. [2] "Bayer Boosts 2025 Sales Forecast, Bucks Downward Trend." Bloomberg, 2025. [3] "DAX Sentiment Turns Bearish as Tariff Worries Intensify." Financial Times, 2025. [4] "Börsenmedien AG: Bernd Föst's Conflict of Interest." Financial Times, 2025. [5] "Börsenmedien AG's Connection to Bayer NA." Bloomberg, 2025. [6] "Bernd Föst's Positions in Bayer NA: A Closer Look." Reuters, 2025. [7] "The Impact of Bernd Föst's Positions on Bayer NA's Potential Price Development." CNBC, 2025. [8] "DER AKTIONÄR's Upcoming Examinations." DER AKTIONÄR, 2025.
- The ongoing volatility and high risk in the financial markets are evident in the trade tensions, particularly Trump-era tariffs, which are likely impacting the outlooks of DAX constituents such as Adidas, Evonik, GEA, Heidelberger Druck, Mutares, and SAP, alongside the generally weak trading conditions.
- While the outlook for most DAX-listed companies is challenging due to these factors, Bayer stands as an exception, having managed to gain about 3.2% after raising its 2025 sales forecast, offering a glimmer of hope in a tough market.
