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) ...

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  3. Xetra

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  4. Total Return Index

    A type of equity index that tracks both the capital gains of ...
  5. Bundesbank

    The central bank of Germany. The Bundesbank is the U.S. equivalent ...
  6. Futures Market

    An auction market in which participants buy and sell commodity/future ...
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