DAX Index News

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.

Week Ahead: FOMC and ECB Meetings and China PMI to Boost Dow Jones and DAX Index?

Indices Market Brief

·Apr 27, 2020, 01:17 BST

As the new week starts the DAX index and Dow Jones traders’ mood remains upbeat, as the growth rate of new coronavirus cases dropped further over the weekend, and the world is getting ready to open for business. The China PMI on Thursday will give us an idea of what lies ahead in western countries, while the ECB could boost risk-sentiment further if they announce that they will buy junk bonds at their Thursday Rate meeting. The Federal Reserve is also hosting a rate meeting, but the expectations are low. The ISM report, and US Q1 GDP report will also be published, but the reports are bound to be soft, as the US is still under lockdown. On Thursday the focus will also shift to Crude oil prices, as the weekly EIA report is published...