DAX (Deutsch Akzien Index), is Germany's Premier Stock Market Indictor.
The Deutsche Aktien Index is a globally recognized benchmark of the global financial market. This famous measure is the primary indicator of Germany’s Stock Exchange and offers critical insights to investors into performance of Germany’s prominent publicly listed corporations. Here, we will look at its importance to the finance industry.
What is the DAX, and what does it represent? The DAX Index consists of 30 of Frankfurt Stock Exchange’s most liquid listed companies. They represent sectors such as technology, automotive, financial service, pharmaceuticals, and the pharmaceutical industry. The market capitalization is used to determine the weightings, ensuring that larger companies are more impactful in terms of performance.