German DAX Index (GDAXI)

QUOTE AND NEWS  Aug 8  Comment 
VIENNA (dpa-AFX) - German shares rose sharply on Monday as strong U.S. jobs data boosted confidence in the strength of the world's largest economy and preliminary data showed German industrial production returned to growth in June after a...  Aug 5  Comment 
VIENNA (dpa-AFX) - German shares held steady on Friday, a day after the Bank of England surpassed expectations with a quadruple-whammy of measures to stop Britain slipping into a recession this year. Investor focus remains on a key U.S. jobs...  Aug 4  Comment 
VIENNA (dpa-AFX) - German shares traded modestly higher on Thursday as Siemens raised its earnings outlook and investors looked ahead to the first interest-rate cut from the Bank of England in more than seven years. While some economists expect...  Aug 3  Comment 
VIENNA (dpa-AFX) - German shares fell slightly on Wednesday as investors react to more earnings and the continuous slide in oil, which hovers around three-month lows. Encouraging data on Eurozone private sector activity, an in-line report...  Aug 2  Comment 
VIENNA (dpa-AFX) - German shares fell sharply on Tuesday, with investor sentiment hit by slumping oil prices and concerns over the health of lenders across Europe. Italian Prime Minister Matteo Renzi's comments in an interview to CNBC on...  Aug 1  Comment 
VIENNA (dpa-AFX) - German shares pared early gains on Monday as an early rally in banking stocks lost steam and a survey showed manufacturing growth across the euro zone eased in July. Eurozone manufacturing activity grew at a slower pace in...  Jul 29  Comment 
VIENNA (dpa-AFX) - German shares rose on Friday, with banks pacing gainers ahead of the results of "stress tests" on the 51 largest euro-area banks due to be published after U.S. markets close. A last-minute rescue plan for struggling Italian...  Jul 28  Comment 
VIENNA (dpa-AFX) - German shares reversed early gains to drift lower on Thursday as investors digested a mixed bag of earnings results and largely upbeat economic reports. The risk of policy disappointment from the Bank of Japan has induced some...  Jul 27  Comment 
VIENNA (dpa-AFX) - German shares rose on Wednesday as investors digested a slew of mixed earnings reports and looked ahead to a Bank of Japan meeting on Friday, amid expectations the central bank will expand its monetary stimulus. Earlier in the...  Jul 26  Comment 
VIENNA (dpa-AFX) - German shares traded slightly higher in choppy trade Tuesday, as Commerzbank reported a drop in second-quarter operating profit and Japanese finance minister Taro Aso said the government was yet to decide on the size of a...


The Deutscher Aktien Index, or DAX 30 for short, is the blue chip market index for the Frankfurt Stock Exchange. It follows the top 30 german stocks on the electronic Xetra system that is used on the exchange.

Weighting and Calculation

The DAX indices are all calculated using capitalization weighted index using the total return Laspeyres index for calculations[1].

DAX Indices are weighted by shares.

  • The formula is:

Current index = Current total market cap of constituents × Previous Value / Previous Period

In comparison, the Shanghai SSE indices use the Paasche weighted composite price index formula[2]. This means that the index bases its calculations on its previous period for its calculations as compared to the Shanghai Composite Index, which bases it on the base period.

The Base date for the index is 30 December, 1987 and it was started from a base value of 1,000. The Xetra system calculates the index after every 1 minute.[3]

For more information, go to how stock indices work


The index sample of the DAX is selected according to the following six criteria[4]:

  • generally a company needs to be listed for at least three years prior to the inclusion of its stock in the DAX;
  • the free-floating capital must at least reach 15%;
  • turnover;
  • market capitalization;
  • availability of early opening prices, and
  • branch representativeness for the German economy.


As of March 2009, the DAX lists the following companies[5]:


  1. DAX Calculations
  2. Paasche and Laspeyres price indices
  3. DAX description
  4. DAX Description
  5. DAX Constituents
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki