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.
DAX index trading 0.79% higher at 12,120 as investors concerns around no-deal Brexit ease. US and China trade negotiators have...
European indices trade flat today as investor’s attention turns to US CPI and the second day of Jerome Powell testimony...
On Monday, European shares and DAX Index (INDEXDB: DAX) faced a decline as investors grew concerned about the global interest...
The DAX index CFDs rose by about 50 basis points as optimism continued in the markets. The rise came a...
Dax index fell sharply on Monday morning as the coronavirus spread weigh on investors sentiment. Now there is over 2700...
The Dax 30 index, has been under pressure over the last few days, but as the new week starts it...
The DAX 30 is holding up well despite German Manufacturing PMI declining to 43.1 from 45, and lower than the...
The DAX 30 index has erased earlier losses in the futures market as the Santa rally gathers steam. The index...
The Dax Index was 0.46% higher on Wednesday as the German stock index approached the 13,315 resistance. The level was nearly hit on Monday and it was here that the market failed in July and September.