This page displays the individual DAX 30 Company Share Prices. The larger components of the DAX 30 contribute to the performance of the DAX 30 index. The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the Xetra trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization. It is the equivalent of the FT 30 and the Dow Jones Industrial Average, and because of its small selection it does not necessarily represent the vitality of the economy as whole.
The DAX has two versions, called performance index and price index, depending on whether dividends are counted. The performance index, which measures total return, is the more commonly quoted, however the price index is more similar to commonly quoted indexes in other countries. There are two versions of futures contract available: FDAX (€25 per point) and FDXM (otherwise known as FDAX mini at €5 per point). The DAX is a stock exchange in Frankfurt, Germany. In German DAX stands for Deutscher Aktien Index (in English: German stock index). It is very much like the Dow Jones Industrial Average in the US, in that 30 companies are in this exchange
Related indices: DAX, TecDAX, SDAX. The MDAX is a stock index which lists German companies. The index is calculated by Deutsche Börse. It includes the 50 Prime Standard shares from sectors excluding technology that rank immediately below the companies included in the DAX index.