The DAX index is slightly higher today as the German stock index digests the latest moves at restructuring following the...
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 is set to open higher as U.S. and U.K. indicies lead the way in early trading. The Dax closed just shy of the 13,315 resistance from summer of this year and a strong close into the weekend could see further gains into year-end.
The DAX index is little changed in the futures market as investors focus on Germany’s reopening plans. In a statement...
The DAX index is up by 0.80% today after the strong Germany Q3 GDP data and hopes of a better...
Nikkei 225 is surging today as investors cheer the latest developments on vaccine. The index is up by more than...
Bullish price action on the Dax index continues.
Global stocks have started the week on a positive note as traders bet on a swift vaccination process. In Europe,...
Dax index is on a tear higher. Ever since the US elections ended, the Dax followed the US equities higher....
Nasdaq 100 index is little changed today as the rotation to technology stocks intensifies. The index, which is made up...