Deutsche Aktien Xchange 30 - DAX 30


DEFINITION of 'Deutsche Aktien Xchange 30 - DAX 30'

Germany's benchmark stock market index, it is a total return index of the 30 largest German blue-chip companies traded on the Frankfurt Stock Exchange. The Deutsche Aktien Xchange 30 (DAX 30) had a base value of 1,000 as of December 31, 1987. It was previously known as the Deutscher Aktien Index 30.

BREAKING DOWN 'Deutsche Aktien Xchange 30 - DAX 30'

Companies included in the DAX index have historically included household names such as Adidas, BMW, Deutsche Bank, Siemens and Volkswagen. By virtue of being a proxy for the performance of the German stock market, the DAX index is one of the most important equity indexes in Europe and worldwide.

  1. Deutschmark

    The official currency of Germany until Germany's adoption of ...
  2. Frankfurt Stock Exchange (FRA) ...

    Located in Frankfurt, Germany, the FRA is one of the largest ...
  3. Bundesbank

    The central bank of Germany. The Bundesbank is the U.S. equivalent ...
  4. Xetra

    An all-electronic trading system based in Frankfurt, Germany. ...
  5. Total Return Index

    A type of equity index that tracks both the capital gains of ...
  6. Capital Markets

    Capital markets are markets for buying and selling equity and ...
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