What is the DAX index How is the DAX index calculated and where is it traded
Fluctuations in financial markets attract the attention of many investors. In particular, many people who invest or are considering investing in the stock market closely follow the stock market indices. There are many stock market indices in our country and in the world. What is the DAX index, which is one of the most preoccupying financial agenda among these stock market indices? How is the DAX index calculated? What are the DAX 30 index companies?
When the right investments are made in the stock market, it is possible to make big profits. As in Turkey, each country has its own stock market index. One of the stock market topics that investors are most curious about recently is the DAX index.
What is the DAX Index?
One of the most curious questions of many people who closely follow the stock market is the question of what is DAX 30. DAX 30 is a stock index that has been used uninterruptedly since 1988 and is a combination of one thousand main index values. It is also known as the DAX index in the stock market.
It is a stock index that includes the thirty largest stocks in Germany. Thanks to the DAX index, it is possible to invest in the stocks of these thirty large companies from other countries.
Where is the DAX Stock Exchange?
DAX is traded on the German (Frankfurt) Stock Exchange. People who want to invest on this stock exchange can do so with individual or corporate firms. Since it is the largest and most preferred stock exchange in Europe, it attracts attention all over the world.
How is the DAX Index Calculated?
The Xetra trading base is used to calculate the DAX, which is seen as Germany's most important stock index. This trading base consists of an electronic system. The DAX index is calculated based on the prices coming from this trading floor. The free trade methodology is used in conjunction with a measure of average trading volume to calculate the weights for this index.
The majority of stocks on the German stock exchange are traded on the Xetra system. DAX index trading hours:
The Dax index trading hours are as follows.
It is very practical to trade between 03:30-22:55 on 5 weekdays between 03:30-22:55 using leverage up to 1:10 and following live data. Moreover, you can open positions on both the rise and fall of the Dax index in both directions.
DAX 30 Endeksinde Bulunan Firmalar Hangileridir?
- Merck
- Covestro
- Thyssen Krupp
- Heidelberg Cement
- Lufthansa
- Wirecard
- German Bank
- Heidelberg Cement
- RWE
- Lufthansa
- German Stock Exchange
- E.ON
- Fresenius Medical Care
- Infineon Technologies
- Vonovia
- Beiersdorf
- Fresenius
- Continental
- Munich Re
- Henkel
- German Post Office
- Adidas
- BMW
- Bayer
- BASF
- Daimler
- German Telekom
- Volkswagen
- Siemens
- Allianz
- Linde
- SAP