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 was 0.5% higher on Tuesday after two economic releases from Germany were higher than analyst expectations. The first release was German Gross Domestic Product, which actually showed a record drop in the German economic output for the second quarter, but this was due to the effects of the virus lockdowns. The plunge … Read more
The German DAX index recovered from losses early in the week that saw the index trade at lows around 11,700 and the 13,000 level is now being tested once more. The DAX index was lower with other European stocks last week as Coronavirus cases continued to build in the Eurozone, seeing localised lockdowns and the … Read more
US futures are in the green, fuelled by strong demand for software-related companies and a weaker dollar. Futures tied to the Dow Jones rose by 63 points while those tied to the S&P 500 are up by 10 points. In Asia, the Hang Seng, Nikkei 225, and Shanghai Composite rose by 1.40%, 0.30%, and 0.56%, … Read more
The DAX index is set to rally today as investors focus on Bayer and Volkswagen, two of the biggest constituent companies. The index has jumped by 0.30% in the futures market, outperforming the FTSE 100 that has gained just 0.10% and the CAC 40 that has dropped by more than 1.20%. Futures tied to the … Read more
Dax index started the trading day lower after a correction from record highs in Wall Street. The pullback triggered by Fed cautious stance on the world’s top economy.
Global stocks are in the red today as investors reflect on the minutes by the Federal Reserve. In the U.S., futures tied to the Dow Jones, S&P 500 and Nasdaq 100 are down by almost 0.50%. In Europe, the DAX Index, CAC 40, and Stoxx 50 index futures are down by more than 1%. Likewise, … Read more
The DAX index is wavering today as investors reflect on the recent rally in global stocks. The index is trading at €12,904, which is about 0.25% higher than its yesterday’s close. Other indices in Europe are also wavering, with the FTSE 100, CAC 40, and Stoxx 50 up by less than 0.30%. There is no … Read more
The S&P 500 index climbed to its highest level ever yesterday, even as investors continue to worry about the state of the U.S. economy. The index ended the day at $3,390, which is its highest level on record. Today, futures tied to the index are also up by about 0.10%. Similarly, Dow Jones and Nasdaq … Read more
Dax index trade lower for the fourth straight session as investors worry on the rising trading tensions between USA and China.
Dow Jones and S&P 500 index muted American futures are unchanged as investors react to increasing trade tensions between the U.S. and China. Futures tied to the Dow Jones and the S&P 500 index are trading at $27,850 and $3,380, respectively. In a statement yesterday, the U.S. commerce department barred companies from supplying vital parts … Read more
Dax index slide in early trading as investors digest the recent developments on the China – USA trade war after the negotiations scheduled for the weekend cancelled.
Global stocks are mixed in early trading as investors concerns grow over stalled stimulus talks in Washington. In Asia, the Hang Seng and Shanghai Composite rose by 1.05% and 2.70%, respectively while the Nikkei 225 index declined by 0.55%. In Europe, futures tied to the DAX index and FTSE 100 are up by 0.35% while … Read more