The DAX index is wavering today as investors continue to worry about the emerging second wave of the virus. The market is also focusing on transatlantic risks after the US abandoned a meeting set to address digital taxes. The DAX is up by only 20 basis points today.
DAX Index
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.
The DAX index started to rally higher after clearing up the major resistance at 12498.67. Currently, the DAX price is...
Adidas share price has staged a strong bullish recovery as investors reassessed the impact of the end of Ye’s partnership....
Adidas stock price has been in a freefall in 2022 as business conditions worsen amid soaring inflation. The shares plunged...
In what is seen as a major blow to the company, Airbus SE shares have dropped heavily on the day...
The DAX index staged a strong recovery rally on Wednesday as investors anticipated a new round of stimulus from EU...
Dax index fell in early trade mirroring heavy losses in Wall Street and Asia amid rising concerns about the impact...
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
The CAC 40 is set to open lower as France considers extending lockdowns as the number of cases continues to...
The DAX index is little changed in the futures market as investors focus on Germany’s reopening plans. In a statement...