The DAX Index
Germany’s DAX Index is the main performance indicator for the price of major companies listed on the Frankfurt Stock Exchange. It 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 DAX 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.
DAX Index ETFs
DAX 3x Daily Leveraged | DAX LON:3DEL / EUR | | |
DAX 3x Daily Short | DAX LON:3DES / EUR | |
Latest DAX Index News
Low volatility still offers abundant opportunity
Markets start the week on a slow note with the US and UK sessions limited by Memorial Day and the UK public holiday on Monday.
European stocks drawing attention after Dior rally
According to Morningstar research, in 2023 the performance of European shares detached from GDP growth, particularly in Germany.
Derivatives traders still bearish on oil market in July
Latest data from derivatives platforms shows traders are balancing OPEC cuts with slow down in China economy.
Traders are increasing their short positions, reports CFD broker
Retail traders used a record-high number of stop-loss orders last year and increased their short-position trades amid tough trading conditions.
Technical Analysis: Equities under pressure from resurgent USD
Leading indices have come under pressure on the back of Friday’s US jobs data which has fuelled a shift in Fed expectations
Retail traders were bullish on major stock indices in December
Spectrum Markets has reported traders were shifting to more aggressive long positions on key indices last month.
Seasonal market truisms in the current economic climate
Giles Coghlan of CFD broker HYCM asks whether seasonal market trends still apply in the current economic situation.
German stocks struggling on greenhouse gas emissions reporting
New analysis out shows just how tough it is going to be for investors to track which German companies are harmful to the planet.
Spectrum Markets launches Retail Investor Index to track how private investors are trading
The new Retail Investor Index from Spectrum Markets is already showing more bullish sentiment around the DAX index.
Investors bullish on German stocks for 2021 – new data
New data from MBH Corp indicates that many pro investors are bullish on the prospects for the German economy and stocks in 2021
Can Wirecard win over its institutional shareholders?
Many investors are bracing themselves for Wirecard's next set of results - new analysis shows that the stock price could bounce high if they are good.
New territory for the global economy as central banks see growth
With the Chairman of the US Federal Reserve stating the economy is now on a path to solid growth, we've seen a radical swing in narrative within the space of a few weeks
What are the top 10 ETFs in Europe?
Our list of the top 10 ETFs in Europe is a good reflection of which ETFs private investors should be looking at initially for their investment portfolios
Diary of a Trader – w/c 7 May 2018
Matt Vann shares his trades, thoughts and results, all designed to give you an insight into trading. You can post your questions at the bottom of this post.
Diary of a Trader w/c 30 April
Matt Vann shares his trades, thoughts and results, all designed to give you an insight into trading. You can post your questions at the bottom of this post.
UK services slump drags sterling lower, Eurozone reading nears 6 year high
Most of the morning’s services data was absorbed by the forex markets this Friday, which didn’t do much for the red-tinged indices
FTSE and DAX buoyed by respective manufacturing PMIs
The buoyant European trading continued this morning, supported by a series of strong manufacturing PMIs
Sluggish start this Friday for the FTSE
Yet another slow start kept the FTSE away from 7200 this morning having closed at a record high just 5 points below that level last night
FTSE teases 7200 as Persimmon leads homebuilders higher
The FTSE is tickling 7200, a level it could substantially break this Thursday if the market winds blow the right way
Retail sector keeps FTSE 100 from record peak
After Tuesday’s 7200-excitement the FTSE has gotten off to a slow start this morning, struggling to reach the levels struck during yesterday’s trading
Monte dei Paschi continues nightmarish Christmas run-in
Thursday saw, you guessed it, another slow start, Santa resolute in his refusal to make an appearance on the markets
Monte dei Paschi in trouble; Dow Jones edges ever closer to 20000
A dearth of positive news has prevented the European indices from posting any growth this Wednesday
FTSE100 barely budges at open; Monte dei Paschi warns of liquidity issues
The European markets endured another slow start this Wednesday, continuing the week’s distinctly Santa-less trading
Sluggish trading continues for FTSE, while GBP losses widen against USD
The European indices maintained a sluggish pace this Tuesday, with little to disturb the quiet pre-Christmas trading
FTSE and DAX off to slow start, GBP sits at month low against USD
The European markets got off to another slow start this Tuesday, investors struggling to find a reason to send the region’s indices any higher
Pound suffers after Deutsche Bank comments
The general lack of excitement continued this Monday afternoon, the US open bringing little fresh to the table
Monte dei Paschi weighs on European banking sector
Santa remained absent this Monday morning, the European indices lacking the spark that set them soaring last week
Quiet start to Monday morning as Santa-less FTSE flirts with 7000
It may be the start of the final week before Christmas, but so far the European markets are looking rather Santa-less this Monday
USD dominates with Bank of England rate vote on the horizon
There was little change from the tone set at the start of the day, with the post-Fed rate hike reaction still dominating proceedings
Hawkish Fed dominates European markets as USD hits the limelight
There is certainly a lot for the markets to process this Thursday, starting with the European reaction to last night’s Federal Reserve meeting
Dow Jones and dollar both display slight pre-Fed jitters
The tone of trading was fairly negative this afternoon, the major indices all slipping as investors await the results of the month’s much-anticipated Federal Reserve meeting
FTSE falls and pound steady ahead of UK jobs report
Though this evening’s Federal Reserve meeting is Wednesday’s main draw, there is still a decent chunk of UK data to deal with this morning
Dow teases 19900 while DAX and FTSE benefit from banking sector lift
There were some distant sleigh bells heard on the markets this Tuesday, the major indices all climbing higher as the day progressed
Sterling rises as inflation increase points to potential BoE rate hike
As expected October’s dip in UK inflation was proven to be an anomaly, with November’s reading coming in at a weak pound-inspired 2 year high of 1.2%
FTSE 100 and pound await November’s inflation data
After an effectively data-less Monday the markets get to chomp on some key figures from Europe this morning
Fresh Monte dei Paschi/ECB drama weighs on European banking sector
Some more Monte dei Paschi drama brought bit of much-needed excitement to proceedings this afternoon, even if the wider market didn’t pay too much attention to the news
Dull showing from FTSE and DAX, while Dow eyes another peak
Friday was always going to look a bit drab in comparison to Thursday’s ECB fireworks, especially with a relatively empty economic calendar
Calm start as FTSE and DAX take a breather
After Thursday’s ECB excitement things look a lot quieter this morning, the European market failing to move from the highs hit in the aftermath of Mario Draghi’s announcement
Draghi’s ECB QE extension boosts DAX but eviscerates Euro
The market was awash with some classic Eurozone volatility this Thursday, proving the region can still keep up with the drama of the Brexited and Trumped UK and US instruments
Eurozone indices jittery as markets await Draghi press conference
Things have become increasingly jittery this Thursday as investors await the result of this month’s ECB meeting
DAX and CAC build on yesterday’s highs ahead of potentially tricky ECB meeting
The Eurozone indices have seen another perky start this Thursday, with investors eyeing the month’s ECB get-together this afternoon
FTSE and DAX rise despite announcement of Euribor scandal fines
The European banking sector continued to dictate trading this Wednesday, with hopes of a bailout for Monte dei Paschi getting investors hot under the collar
Potential Monte dei Paschi rescue package lifts DAX and FTSE
The potential for a Monte dei Paschi package from the Italian government is lifting the European markets this Wednesday
Markets calm thanks to suspended Renzi resignation
There hasn’t been much to work with this Tuesday, the markets settling into an uninspired rhythm as the morning went on
FTSE100 looks for post-Italian referendum momentum
After yesterday’s post-Italian referendum excitement there is comparatively far less on offer this Tuesday morning
DAX and CAC brush aside Renzi resignation
This morning’s reaction to the Italian referendum and Mario Renzi’s resignation has been very on trend for 2016, the Eurozone indices confounding expectations by leaping into life.
Euro falls as Renzi resigns following Italian referendum ‘No’ vote
The Eurozone leapt into the spotlight this Monday morning, with Italy’s decision to vote ‘No’ to historic constitutional reforms creating a fresh headache for the euro
Italian referendum and OPEC fears drag on DAX and FTSE 100
With another relatively empty economic calendar the same oil and Italy fears gripped the markets this Tuesday
Dollar-harmed commodity stocks drag FTSE lower
On a rather quiet Friday morning the stronger dollar continued to dominate, if at an admittedly reduced pace
DAX grazes 2016 peak as Germany businesses brush off Brexit
While the markets remained relatively placid there was still some big news from Europe this Tuesday morning
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…