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.

DAX Index Closes Lower As Wirecard AG Loses Moody’s Credit Rating

Indices

·Jun 22, 2020, 17:59 BST

The DAX index posts a slight loss on the Wirecard scandal, but the German Manufacturing and Services PMI data could have a greater impact. Read the preview to find out more. This requires that you sign up.

DAX Index Forms Island Reversal Pattern After Strong PMIs; What next?

Indices

·Jun 23, 2020, 08:41 BST

The DAX index is up by more than 1% as investors remain optimistic about the recovery of the global economy. The index is reacting to the upbeat German manufacturing and services PMI data, which signal that the German economy is recovering. The blue-chip index is trading at €12,421, with most companies being in the green.

Is the best-performing DAX index company this year still a buy?

Indices Shares

·Jun 25, 2020, 08:20 BST

The DAX index dropped by more than 3% yesterday and is accelerating its decline today as investors reflect on the...

DAX Index Extend Gains Despite Record Rise in COVID-19 Cases In USA

Indices

·Jun 26, 2020, 09:15 BST

Dax index extends gains after yesterday managed to break above the 200-day moving average taking their cue from a late...

Why is the DAX index cautiously rising amid all the gloom?

Indices

·Jun 29, 2020, 09:00 BST

The DAX index turned cautiously higher as investors pinned their hopes on a coronavirus drug as cases rise globally. The index is trading at 12,144 euros as traders continue to anticipate that a new drug will help stem the coronavirus pandemic. Most companies in the DAX index are in the green, with only a handful in the red. Elsewhere in Europe, the FTSE 100 and CAC 40 are unchanged while Stoxx 50 is up by just 0.15%.

Wirecard share price acts like the penny stock it is; gains 200%

·Jun 29, 2020, 09:57 BST

Wirecard share price exploded by more than 200%, becoming the best-performing companies in the DAX index. The company’s share performance imply that some investors still see some value in the bankrupt company even after it filed for bankruptcy. Still, the performance is a clear example of what penny stocks do because their performance is usually driven by retail traders.

DAX Index: UP By Nearly 50%, Best Quarter in Decades Amid a Pandemic

Indices

·Jun 30, 2020, 08:35 BST

The DAX index is among the best-performing indices in Europe today. Up by 0.55%, the index has outperformed its peers...

Here’s why the DAX index is struggling for direction today

Indices

·Jul 01, 2020, 08:39 BST

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.

DAX Index Opens Higher On COVID-19 Vaccine Hopes

Indices

·Jul 02, 2020, 09:36 BST

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.

DAX Index: Why is Wirecard Share Price Flying Today – Deutsche Bank

Indices

·Jul 03, 2020, 08:46 BST

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 surges amid shocking revelations about Wirecard

Indices

·Jul 06, 2020, 08:43 BST

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.

DAX Index: Here’s why Bayer and BMW share prices are top movers today

Indices

·Jul 07, 2020, 08:47 BST

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%.

Subscribe to our newsletter