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German DAX Index (GDAXI)

QUOTE AND NEWS
Dax, FTSE 100
FX Street  9 hrs ago  Comment 
Daily Forecast - 30 April 2013 Dax June contract Dax held above immediate support at 7816 &... For more information, read our latest forex news and reports.
Europe stocks slightly up, Rentokil jumps
MarketWatch  Apr 29  Comment 
European stock markets moved higher in early trading on Monday, as investors look ahead to a week that includes a potential interest-rate cut from the European Central Bank. The Stoxx Europe 600 index rose 0.5% to 297.31, Rentokil Initial PLC ...
Eurostoxx , EURUSD, E-Mini Dow Jones, E-Mini S&P, FTSE 100, Dax
FX Street  Apr 29  Comment 
Daily Forecast - 29 April 2013 Eurostoxx June contract Euro Stoxx looks over bought in the short... For more information, read our latest forex news and reports.
Europe stocks extend slide after U.S. growth data
MarketWatch  Apr 26  Comment 
European stock markets slid deeper into red territory in afternoon trade on Friday, after data showed the U.S. economy climbed 2.5% in the first quarter, falling short of expectations. Economists surveyed by MarketWatch had forecast growth to rise...
Europe stocks slip ahead of U.S. GDP data
MarketWatch  Apr 26  Comment 
DAX (Jun13) Futures
FX Street  Apr 26  Comment 
For more information, read our latest forex news and reports.
Europe stocks hold gains after U.S. claims data
MarketWatch  Apr 25  Comment 
European stock markets held on to gains in afternoon action on Thursday, after data showed U.S. jobless claims last week dropped to the lowest level in six weeks, with the number of people applying for new unemployment benefits falling by 16,000...
LightSpeed Launches The StoreMaster, A Real-Time Dashboard For Retail Data
TechCrunch  Apr 24  Comment 
LightSpeed, the retail software company that raised $30 million from Accel Partners last year, is launching a new Mac application today that it calls the StoreMaster — it's supposed to serve as a "command center," offering a real-time,...
Europe stocks rise on earnings, rate cut hopes
MarketWatch  Apr 24  Comment 
European stock markets were mostly higher in midday trade on Wednesday, after disappointing German business confidence added to speculation the European Central Bank will cut interest rates at its meeting next week. Additionally, earnings from...




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more ▼WIKI ANALYSIS
 This article describes an index that measures the performance of an exchange, industry or a geographic region. View articles referencing this index.
 
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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

Selection

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.

Composition

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

Contents

References

  1. ↑ DAX Calculations
  2. ↑ Paasche and Laspeyres price indices
  3. ↑ DAX description
  4. ↑ DAX Description
  5. ↑ DAX Constituents
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