The DAX index has staged a major recovery in the past few months. The index rose by more than 90%...
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 German Dax index fell off a cliff at the start of the trading week, down sharply following the bearish...
The German Dax index remains bid while close to all-time highs. The market forms a triangle as a continuation pattern,...
Germany’s Dax Index is testing an important trend line support. Furthermore, tomorrow’s US employment data could tip the balance either...
The German Dax index continues its bullish run that started last November. From the moment when vaccines against COVID-19 were...
The German Dax index looks bearish after the price action broke from a rising wedge pattern. As it is often...
The Dax index’s four-hour chart is quite a mess. It reflects the uncertainty surrounding financial markets in the month of...
The Dax index had a terribly confusing month so far. Both bulls and bears tried to push against resistance, respectively...
The German Dax index followed on the Dow Jones and Nasdaq 100 footsteps and retraced from the highs. While the...
The Dax index formed a rising wedge pattern that completed last Friday, and now the price broke below the lower...