Dax index trading higher in a cautious mood ahead of the Jerome Powell speech in Jackson Hole. Speculation that the German government is planning a new relief package helps stocks.
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 was 0.5% higher on Tuesday after two economic releases from Germany were higher than analyst expectations. The...
The German DAX index recovered from losses early in the week that saw the index trade at lows around 11,700...
US futures are in the green, fuelled by strong demand for software-related companies and a weaker dollar. Futures tied to...
The DAX index is set to rally today as investors focus on Bayer and Volkswagen, two of the biggest constituent...
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.,...
The DAX index is wavering today as investors reflect on the recent rally in global stocks. The index is trading...
The S&P 500 index climbed to its highest level ever yesterday, even as investors continue to worry about the state...
Dax index trade lower for the fourth straight session as investors worry on the rising trading tensions between USA and China.