The German Dax index trades above 15,000 points and marked a new all-time high. The market broke higher out of...
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 continues its bullish run after an ascending triangle broke higher in February. Moreover, another continuation pattern appeared...
The German Dax index broke higher a few days ago but had a difficult time making new highs. It remains...
The German Dax index recently broke higher after an ascending triangle formed at the 14k level. The breakout, as expected,...
The Fed is behind us, and the Dax index is poised to open at the highs. While we may see...
The Dax index hovers around 14,500, and having a bullish bias as a pennant formation (or an ascending triangle) points...
Shares of Volkswagen rose nearly 17% on Tuesday after the company announced it was producing its brand of batteries to...
Dax index bullish breakout points to a move toward 15,300 and beyond. The German index formed an ascending triangle, and...
Dax index eyes 15,500 and beyond on the back of new stimulus in the United States and a bullish breakout....
Dax index has managed to close above the 14,200 on a daily basis – a bullish breakout. The stock market...