Trading the DAX
The German DAX Index is the main indicator for the performance of the price of major Germany listed companies on the Frankfurt Stock Exchange, and represents about 80% of the total market value of German shares.
The DAX Index was launched on 30 December 1987, using a starting price of 1000. It is widely used as the basis for financial products, including spread bets, CFDs, ETFs, index tracking funds, futures and options contracts, and structured products.
Amongst the companies included in the DAX are globally recognised names like Adidas, BMW, Lufthansa, Merck, and Siemens.
The price of the index is calculated using the Xetra electronic trading system on a second-by-second basis. The component companies are determined by their order book volume and market capitalisation. The index is re-balanced on a quarterly basis.
To be included in the index, apart from its market capitalisation, a company usually has to have been trading for three years, with at least 15% of its value represented by actively traded shares, and it must also be deriving sufficient revenues from within Germany to be considered a representative of the German economy.
Latest DAX News
Low volatility still offers abundant opportunity
European stocks drawing attention after Dior rally
Derivatives traders still bearish on oil market in July
Traders are increasing their short positions, reports CFD broker
Technical Analysis: Equities under pressure from resurgent USD
Retail traders were bullish on major stock indices in December
Seasonal market truisms in the current economic climate
German stocks struggling on greenhouse gas emissions reporting
Spectrum Markets launches Retail Investor Index to track how private investors are trading
Investors bullish on German stocks for 2021 – new data
Can Wirecard win over its institutional shareholders?
New territory for the global economy as central banks see growth
What are the top 10 ETFs in Europe?
Diary of a Trader – w/c 7 May 2018
Diary of a Trader w/c 30 April
UK services slump drags sterling lower, Eurozone reading nears 6 year high
FTSE and DAX buoyed by respective manufacturing PMIs
Sluggish start this Friday for the FTSE
FTSE teases 7200 as Persimmon leads homebuilders higher
Retail sector keeps FTSE 100 from record peak
Monte dei Paschi continues nightmarish Christmas run-in
Monte dei Paschi in trouble; Dow Jones edges ever closer to 20000
FTSE100 barely budges at open; Monte dei Paschi warns of liquidity issues
Sluggish trading continues for FTSE, while GBP losses widen against USD
FTSE and DAX off to slow start, GBP sits at month low against USD
Pound suffers after Deutsche Bank comments
Monte dei Paschi weighs on European banking sector
Quiet start to Monday morning as Santa-less FTSE flirts with 7000
USD dominates with Bank of England rate vote on the horizon
Hawkish Fed dominates European markets as USD hits the limelight
Dow Jones and dollar both display slight pre-Fed jitters
FTSE falls and pound steady ahead of UK jobs report
Dow teases 19900 while DAX and FTSE benefit from banking sector lift
Sterling rises as inflation increase points to potential BoE rate hike
FTSE 100 and pound await November’s inflation data
Fresh Monte dei Paschi/ECB drama weighs on European banking sector
Dull showing from FTSE and DAX, while Dow eyes another peak
Calm start as FTSE and DAX take a breather
Draghi’s ECB QE extension boosts DAX but eviscerates Euro
Eurozone indices jittery as markets await Draghi press conference
DAX and CAC build on yesterday’s highs ahead of potentially tricky ECB meeting
FTSE and DAX rise despite announcement of Euribor scandal fines
Potential Monte dei Paschi rescue package lifts DAX and FTSE
Markets calm thanks to suspended Renzi resignation
FTSE100 looks for post-Italian referendum momentum
DAX and CAC brush aside Renzi resignation
Euro falls as Renzi resigns following Italian referendum ‘No’ vote
Italian referendum and OPEC fears drag on DAX and FTSE 100
Dollar-harmed commodity stocks drag FTSE lower
DAX grazes 2016 peak as Germany businesses brush off Brexit
DAX grazes 2016 peak as Germany business brush off Brexit
While the markets remained relatively placid there was still some big news from Europe this Tuesday morning. Following a 2…