German DAX Index (GDAXI)

FX Street  Apr 7  Comment 
The DAX 30 Index (and FTSE 100) tanked it massively lower today following the bearish price... For more information, read our latest forex news and reports.
FX Street  Apr 7  Comment 
A macro look at the events driving forex trading, indices and gold today. We take a special look at... For more information, read our latest forex news and reports.
The Hindu Business Line  Apr 7  Comment 
Prime Focus Technologies, the technology subsidiary of Prime Focus, has completed the acquisition of DAX, a provider of cloud-based production workflow and media asset management applications to t...
Clusterstock  Apr 7  Comment 
Good morning! After Friday's stock market drubbing — largely concentrated in momentum stocks — everything's lower again today. The selling began in Asia, where the Nikkei lost 1.69%. Stocks are lower across the board in Europe. Germany's...
MarketWatch  Apr 3  Comment 
European stock markets pulled back in afternoon action on Thursday after the European Central Bank kept rates unchanged, which was widely expected. The Stoxx Europe 600 index fell 0.2% to 336.31, after trading around 336.84 ahead of the decision....
The Economic Times  Apr 1  Comment 
London's benchmark FTSE 100 index rose 0.71 per cent compared with Monday's closing level to 6,645.12 points while DAX 30 won 0.72 per cent to 9,624.56.
FX Street  Mar 31  Comment 
Weekly chart: Demand has increased for german equities last week and the lagging DAX seems to catch... For more information, read our latest forex news and reports.
Bloomberg  Mar 31  Comment 
German stocks rose, pushing the DAX Index toward its longest streak of quarterly gains since 1998, as a report showed retail sales in Europe’s largest economy unexpectedly climbed last month.
FX Street  Mar 28  Comment 
DAX The dollar traded unchanged or higher against its G10 counterparts during the European morning... For more information, read our latest forex news and reports.


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
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