DAX 30:
A Market of Precise Performance

The equivalent of the U.S Dow Jones Industrial Average, the DAX (Deutscher Aktien Index) is a blue-chip stock market index, consisting of the 30 major German companies traded on the Frankfurt Stock Exchange. The DAX is highly influential in the global market due to Germany’s prominent part in it, being the largest and most important economy in Europe. The DAX includes well known multi-national companies such as Adidas, BMW, Siemens, and Deutsche Bank.

A few DAX facts:

  • Launched on July 1st, 1988 at a starting level of 1,163 points
  • Companies composing the DAX are chosen based on their market capitalization
  • The majority of companies on the DAX 30 are also traded in the U.S., therefore make a worthy indicator of financial trends in the U.S. markets. Due to the fact that the European markets open before the North America ones, this can often provide a smart indication as to which direction the U.S. market will take.

The companies traded on the Frankfurt Stock Exchange represent over 80 different countries, making this index more responsive to global market influences such as wars, natural disasters, political instability, and economic trends. Therefore, traders following current events should be able to better predict how the DAX will respond. It is also important to follow economic data out of Germany and the European Union, such as unemployment stats, interest rates, job creation, and GDP figures which can have a large effect on the DAX’s performance. 

Learn how to trade DAX 30 and increase your ROIs.