The DAX index is up by more than 1.30% as traders remain optimistic about the global economy. The index is...
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 down by more than 30 basis points and is trading at €12,540, which is below this...
Dax index started the session sharply higher halting three days of loses mirroring Wall Street indices as investors ignore the rising number of coronavirus cases in the USA and the local lockdowns.
The DAX index is down by 0.70% today as worries of global growth remained. The weakness in the DAX and other European stocks followed a relatively successful session in Asia. In China, the Shanghai composite index rose to its highest level since 2018 while the Hang Seng index rose by more than 0.40%. Other indices in Europe are in the red also, with the CAC 40 and FTSE 100 falling by 0.85% and 0.60% respectively.
The DAX index is erasing some of the gains made yesterday, mostly on profit taking. The index is down by more than 1%, and is trading at €12,600. Other indices in Europe are also trading lower. In the UK, the FTSE 100 is down by more than 0.80% while in France, the CAC 40 is down by more than 0.75%. The overall Stoxx 40 is down by more than 0.80%.
The DAX index and other European indices are in a roll today. The blue-chip German index is up by more than 1.90% and is trading at €12,767. The DAX is not alone. Other European bourses like CAC 40, FTSE 100, and Stoxx 50 are up by 2%, 2.10%, and 2.16% respectively. By gaining, European stocks are joining their counterparts in Asia like the Nikkei 225 and Hang Seng.
The DAX index is up slightly today as traders react to the upbeat jobs numbers from the United States. The index is trading at €12,622, which is higher than yesterday’s low of €12,246.
Dax index adds over one per cent on hopes of a coronavirus vaccine. Investors cheered the news of promising results in early-stage human trials from a coronavirus vaccine from Pfizer and BioNTech.
The DAX index is little changed today as traders reflected on the gains made in the second quarter. The index is trading at €12,322 at 07:10 GMT, with most companies being in the green. The blue-chip German index gained by more than 16% in the second quarter, with Deutsche Bank being the best-performer.
The DAX index is among the best-performing indices in Europe today. Up by 0.55%, the index has outperformed its peers...