German DAX Index (GDAXI)

QUOTE AND NEWS  Jun 20  Comment 
VIENNA (dpa-AFX) - German stocks rallied on Monday as the first opinion polls on the EU referendum since the killing of lawmaker Jo Cox showed support for Britain staying in the European Union. A retreat in safe-haven assets and currencies like...  Jun 16  Comment 
VIENNA (dpa-AFX) - German shares fell again on Thursday, as declining oil prices and policy inaction by central banks in the U.S.,Japan and Switzerland added to concerns over slowing growth. Britain's pound sterling fell against both the...  Jun 15  Comment 
VIENNA (dpa-AFX) - German shares rallied on Wednesday as expectations of a relatively dovish message from the Federal Reserve helped investors put worries about next week's British referendum on the back burner, at least for the time being....  Jun 14  Comment 
VIENNA (dpa-AFX) - German shares extended recent losses on Tuesday as risk-off sentiment continues to haunt investors. Two ICM polls, one online and one conducted by telephone, showed on Monday that Britain appears poised to leave the European...  Jun 14  Comment 
VIENNA (dpa-AFX) - German shares erased early losses to edge higher on Tuesday after industry data showed German economic sentiment unexpectedly jumped in June, bolstering investor confidence in the strength of Europe's largest economy. The...  Jun 13  Comment 
VIENNA (dpa-AFX) - German shares tumbled on Monday, tracking losses on Wall Street Friday and steep losses across Asia, after a slew of polls showed that a so-called Brexit is a real possibility. While risk assets took a hammering before...  Jun 10  Comment 
VIENNA (dpa-AFX) - German shares fell sharply once again on Friday, as a stronger dollar put pressure on commodities such as copper and crude oil, and financials succumbed to a bout of selling on worries about the uncertainties of a Brexit and...  Jun 9  Comment 
VIENNA (dpa-AFX) - German stocks fell sharply on Thursday as a spate of worries about slowing global growth, increasing uncertainty surrounding the UK-EU referendum and the recent strength of the euro amid diminishing expectations for a near-term...
Mondo Visione  Jun 7  Comment 
Deutsche Börse is changing the rules for the composition of the MDAX, SDAX and TecDAX indices. As of September 2016, the process for selecting companies in the indices will be purely quantitative as well as completely automated, and aligned with...  Jun 7  Comment 
VIENNA (dpa-AFX) - German shares rallied on Tuesday as Federal Reserve Chair Janet Yellen sounded a generally upbeat tone on the U.S. economy and fresh data showed the economic engine of the euro area is benefiting from a pick-up in investment....


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