Deutscher Aktienindex 100 - DAX 100

Dictionary Says

Definition of 'Deutscher Aktienindex 100 - DAX 100'


A former price-weighted index that represented Germany's top traded 100 stocks. DAX is an abbreviation for Deutscher Aktienindex. The DAX 100 was formed using the 30 DAX equities and the 70 MDAX equities listed on the Frankfurt Stock Exchange. Since March 24, 2003, the MDAX has included 50 equities and the former DAX 100 switched to the HDAX. The HDAX index reflects the price development of all shares in the DAX 30 (commonly referred to as the DAX), MDAX and TecDAX.
Investopedia Says

Investopedia explains 'Deutscher Aktienindex 100 - DAX 100'


The HDAX represents a broader blue chip index when compared to the DAX, and covers all the sectors that are listed in the EU regulated markets Prime Standard Segment. The DAX 30, MDAX and TecDAX are aggregated to form the HDAX. The DAX 30 reflects the 30 largest and most actively traded companies listed at the Frankfurt Stock Exchange; the MDAX is comprised of 50 mid-cap issues from traditional sectors; and the TecDAX tracks the 30 largest and most liquid issues from the technology sectors.
comments powered by Disqus
Hot Definitions
  1. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  2. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  3. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  4. IPO ETF

    An exchange-traded fund that focuses on stocks that have recently held an initial public offering (IPO). The underlying indexes tracked by IPO ETFs vary from one fund manager to another, but index IPO ETFs are usually passively managed and contain equities that have recently been offered to the public.
  5. IPO ETF

    An exchange-traded fund that focuses on stocks that have recently held an initial public offering (IPO). The underlying indexes tracked by IPO ETFs vary from one fund manager to another, but index IPO ETFs are usually passively managed and contain equities that have recently been offered to the public.
  6. Maritime Law

    A body of laws, conventions and treaties that governs international private business or other matters involving ships, shipping or crimes occurring on open water.
Trading Center