Dax index started the trading day with a bearish tone as the world waits for the inauguration day in the United States. With little or no important events today, the market focuses on the message that Janet Yellen will send and waits for the all-important Wednesday. Janet Yellen is scheduled […]
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.
DAX Index Chart
DAX Index News
The DAX index is being pressured today ahead of key earnings from Europe and the United States. The blue-chip German index is trading at €13,776, which is lower than last week’s high of €14,157. What’s happening: German stocks are falling as investors watch out for the next Chancellor of Germany. […]
US futures are in the red today as the country is celebrating the Martin Luther King day. Still, investors are focused on this week’s earnings barrage from the US. The Dow Jones, S&P 500, and Nasdaq 100 futures are all down by more than 0.25%. The fear and greed index […]
Dax index’s decoupling from the economic reality continues. While the German economy is under strict lockdown measures until April, the index trades with a bullish tone mostly held higher by two factors. One is the stock market in the United States. Trading algorithms bid for stocks following what the S&P500 […]
The DAX Index is wavering today ahead of a key speech by Christine Lagarde, the head of the European Central Bank (ECB). The index is trading at €13,930, which is slightly below this week’s high of €14,115. What’s happening? In general, there’s no major economic and financial data moving the […]
Dax index opened the year on a strong note, as it made new highs. However, the recent price action suggests a possible toppish formation, although it is too early to tell at this point in time. The possible rising wedge has major implications moving forward, especially if the price manages […]
Dax index is on a tear higher as the equity markets around the world benefit from the reflation theme. While the economic data out of Europe disappointed this week, the Dax follows the U.S. stock market closely and has the potential of continuing its bull run until the 15,000 level […]
The DAX index is at an all-time high as investors remain convinced about the trend of the recovery. The blue-chip German index is trading at 13,945 euros, which is the highest level it has been on record. It has jumped by more than 70% from its lowest level last year. […]
The Nikkei 225, Hang Seng, Nasdaq 100, and other global stocks are rallying today after the Georgia election. Similarly, in Europe, futures tied to the FTSE 100, DAX Index, and CAC 40 are also in high spirits. Bitcoin and other altcoins are also enjoying the ride even after a sharp […]
Dax index evolves in a rising wedge that looks incomplete at this moment. While bulls may still push the index higher, bears are expected to sell once the price reaches the upper edge of the pattern. The new year started just like the previous one ended – with a bullish […]