Dax

DAX

19129.13

124.35 (0.65%)

▲Today

As on November 21, 2024 at 09:57 PM

DAX Chart

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DAX Performance

Today's Low

18,900.02

▲

Today's High

19,151.62

Open

19,060.92

DAX Resistance and Support

19,055.24

Pivot

Resistance

First Resistance

19,148.28

Second Resistance

19,291.79

Third Resistance

19,384.83

Support

First Support

18,911.73

Second Support

18,818.69

Third Support

18,675.18

About DAX

DAX Index Overview

The DAX, or Deutscher Aktien Index, is a key benchmark for Germany's economy. It includes the top 40 largest and most actively traded companies on the Frankfurt Stock Exchange, making it a crucial indicator of the country’s corporate health and market performance.

DAX Performance Index Accurate Reflection of Market Value

This method ensures that the DAX performance index accurately reflects the stock market value of the included companies. The DAX is widely recognized as an important indicator of Germany's economic health and overall DAX share market performance.

Calculation and Weighting

Index prices for the DAX are derived from the Xetra electronic trading system, a leading platform for securities trading in Germany. The DAX index stock weightings are determined using a combination of free-float market capitalization and average trading volume, which provides a vast representation of each company's influence on the index.

Historical Context and Expansion

The DAX began with an index level of 1,163 points and has increased since then. Currently, the companies in the DAX represent around 80% of the Frankfurt Exchange's market capitalization. In September 2021, the index expanded from 30 to 40 companies to better reflect market changes and provide a broader perspective on Germany's corporate sector.

Importance of the DAX Stock Exchange Index

As the Deutscher Aktien Index, the DAX stock market index plays an important role in evaluating Germany's economic health. Currently, the DAX index live data is displaying real-time fluctuations, reflecting the market's dynamic nature. One unique feature of the DAX index is its incorporation of futures prices for the following day's trading, even after the primary exchange has closed.

Regular Reviews and Adaptability

Regular reviews are conducted to adjust the DAX index composition, removing companies that fall out of the top 45 and adding those that break into the top 25, thereby maintaining the index's relevance and accuracy over time.

The Role of the Xetra System

Today, the vast majority of shares traded on the Frankfurt Exchange are executed through the Xetra system, underscoring the importance and efficiency of electronic trading. The DAX share bazar offers insightful viewpoints on the state of the German economy. Nearly all of the 40 DAX member stocks are actively traded on this platform, reflecting the evolution and modernization of Germany's financial markets.

Faqs on DAX

The Deutscher Aktien Index (DAX) is a stock market index headquartered in Germany that monitors the performance of the 40 largest German companies that trade on the Frankfurt Stock Exchange.

DAX is vital for investors as it reflects the performance of major German companies, influencing investment decisions and providing insight into the country's economic health.

Based on market capitalization, the five largest German firms listed in the DAX 40 are Bayer (BAYN), Daimler (DAI), Siemens (SIE), Allianz (ALV), and BASF (BAS).

DAX is calculated using a market capitalization-weighted methodology, meaning companies with higher market values have more influence on the index's movements.

DAX is a key barometer of Germany's economic health and investor sentiment, impacting global markets and reflecting trends in Europe's largest economy.

To invest directly in the DAX, you can purchase shares of companies listed on the index through a brokerage account. Alternatively, consider DAX exchange-traded funds (ETFs) that track the index's performance.

Economic events and news can significantly impact DAX, affecting investor sentiment, corporate earnings, and market dynamics.

DAX's performance may differ from other indices like the S&P 500 due to variations in constituent companies and economic conditions.

Current concerns for DAX include economic slowdowns, political instability, and global trade tensions. Opportunities lie in technological innovation and market reforms.

Industries represented in DAX include automotive, manufacturing, finance, and technology, offering diversification for investors.

The companies in the DAX index are reviewed and changed on a regular basis, specifically every quarter. These reviews usually take place in March, June, September, and December. However, changes can also occur outside of these regular reviews if there are significant events, such as mergers or acquisitions that impact a company's eligibility for the index.

Alternative stock market indices to consider include MDAX, tracking mid-cap German companies, and Euro Stoxx 50, reflecting major Eurozone stocks.

A common misconception is that the DAX only includes large-cap companies, while it reflects the performance of the top 40 German stocks. Another myth is that it is solely a German Index, ignoring its international exposure through multinational firms.