FTSE 100 started the session lower after the Bank of England holds rates unchanged in a unanimous decision as was expected by markets. The Bank of England kept rates at record low levels of 0.1%
In this section, you will find important DAX index news, actionable trading ideas, and a live DAX 30 chart to help you understand the markets better.
The DAX 30 Index (Deutscher Aktienindex) is a blue-chip stock market index consisting of the thirty biggest companies in Germany in terms of market cap, traded on the Frankfurt Stock Exchange. The base date for the DAX 30 is December 30, 1987, and from a base value of 1,000. The DAX price index followed the Börsen-Zeitung index, which historically extends back to 1959.
Some of the German companies listed in the DAX 30 are Adidas (ADS), Bayer (BAYN), BASF (BAS), Daimler (DAI), Siemens (SIE), Allianz (ALV) and Henkel (HEN). The DAX 30 is used worldwide as a leading index for the German economy and serves as the basis for more than 150,000 financial products. The selection of companies in the DAX index is based on the quantitative criteria of order book volume and free float market capitalization.
The reporting date for collecting data is the last trading day of the month for which the ranking list is created. The ranking list is created and published monthly by Deutsche Börse AG. The index composition of DAX is reviewed every September based on the Regular Exit and Regular Entry rules.
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DAX Index News
The DAX index is up mildly today as focus remains on corporate earnings. It is up by 0.40% while its closest peers are in the red. The FTSE 100 and CAC 40 are down by 0.90% and 0.18%, respectively. Siemens is the biggest driver of the DAX index today. The...
The GBPUSD is up by more than 0.30% as traders react to the Bank of England (BOE) interest rate decision. As was widely expected, the bank left interest rate unchanged at 0.10% and left its quantitative easing program intact. The decision came two days after analysts at Bank of America […]
Dax index opens higher as China and the USA will return to the negotiations table with a teleconference between high-level officials to discuss the progress of the face one deal that signed back in January.
Asian equities are displaying a mixed picture today as investors' focus remains firmly on corporate earnings.
The DAX index is wavering today as investors continue to reflect on European corporate earnings. The index is trading at €12,645, which is a few points above the yesterday’s close. Other indices in Europe are mixed, with the FTSE 100 falling by 0.30% and CAC 40 and Stoxx 50 rising […]
Nikkei 225 and Hang Seng spike Asian stocks are in the green today as investors respond to strong manufacturing PMI numbers in the U.S. and around the world. In Japan, the Nikkei 225 Index is up by more than 1.67%, with most of its constituent companies showing an increase. The […]
Stronger manufacturing PMI data from Europe support risky assets. Germany Markit Manufacturing PMI came in at 51 topping the forecasts of 50 in July. The European Monetary Union Manufacturing PMI in July registered in at 51.8
Traders' continued focus on the simmering tensions between the U.S. and China leads to a mixed start of August across Asia. In China, the Shanghai composite climbed by 1.20% while the Hang Seng index dipped by 0.70%.
Dax index trade in cautious mode early Friday, following sharp yesterday’s losses after better than expected earnings reports from major US tech companies such as Apple, Amazon, and Google.