German DAX Index (GDAXI)

QUOTE AND NEWS  May 27  Comment 
VIENNA (dpa-AFX) - German shares inched lower on Friday, as falling oil prices and lackluster industrial profits data from China served to induce a little bit of caution following a recent run-up in prices. Amid little economic data or corporate...  May 26  Comment 
VIENNA (dpa-AFX) - German shares traded slightly higher in a range-bound trade on Thursday as Brent crude prices breached the $50 a barrel mark for the first time since November and the G7 meeting of finance ministers in Japan got underway. Amid...  May 25  Comment 
VIENNA (dpa-AFX) - German shares extended Tuesday's rally, as Eurozone finance ministers cleared the way for fresh loans for Greece and investors grew more optimistic that the U.S. economy is strong enough to withstand higher interest rates....  May 23  Comment 
VIENNA (dpa-AFX) - German shares pared early losses on Monday even as a closely monitored survey of business activity across the 19-country Eurozone pointed to faltering growth. Flash survey results from Markit showed that its broad gauge of...  May 20  Comment 
VIENNA (dpa-AFX) - German shares followed Asian peers higher on Friday as oil and metal prices rose and investors turned their attention to the G7 meeting of central bankers and finance ministers that could provide some clarity over the conduct of...  May 19  Comment 
VIENNA (dpa-AFX) - German shares fell sharply on Thursday as investors digested hawkish Fed minutes suggesting consensus among policymakers to hike rates in June. Oil and metal prices fell on a surging dollar, further weighing on investor...  May 18  Comment 
VIENNA (dpa-AFX) - German stocks fell on Wednesday as the combination of upbeat U.S. data and hawkish comments from Fed officials brought the issue of interest rate rises in the U.S. back into focus. Analysts at investment bank Goldman Sachs...  May 13  Comment 
VIENNA (dpa-AFX) - German shares drifted lower on Friday in the wake of broad-based selling in Asia and a pullback in oil prices, as the dollar strengthened and Russia warned the global oil market might not balance out until the first half of...  May 12  Comment 
VIENNA (dpa-AFX) - German stocks erased early losses as oil prices rebounded and investors digested a slew of earnings reports. Oil prices extended overnight gains to trade near a six-month high after the International Energy Agency boosted its...  May 11  Comment 
VIENNA (dpa-AFX) - German shares fell on Wednesday as oil prices pulled back on API data showing a strong build in inventories and mixed earnings dampened sentiment in the region. The benchmark DAX was down 61 points or 0.61 percent at 9,984 in...


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