DAX Stock Index: Definition and Member Companies

The DAX is a stock market index that tracks the performance of the 30 largest companies listed on the Frankfurt Stock Exchange. It is one of the most important stock market indices in Europe and is often used as a benchmark for the performance of the German economy.

The DAX was created in 1988 and is calculated by Deutsche Börse, the operator of the Frankfurt Stock Exchange. The index is weighted by market capitalization, which means that the companies with the largest market capitalization have the biggest influence on the index.

The DAX is a price-weighted index, which means that the prices of the 30 companies are used to calculate the index value. The index is not adjusted for dividends, so it does not reflect the total return of the companies in the index.

The DAX is a real-time index, which means that it is updated continuously throughout the trading day. The index is also a free-float index, which means that only shares that are freely traded are included in the index.

The DAX is a widely followed index and is often used as a benchmark for the performance of the German economy. The index is also used by investors to track the performance of the German stock market and to make investment decisions.

The DAX is a volatile index and can experience significant swings in value. The index is also susceptible to political and economic events that can affect the German economy.

The DAX is a valuable tool for investors and traders who want to track the performance of the German stock market and the German economy. The index can also be used to make investment decisions and to compare the performance of different companies.

Here is a list of the 30 companies that are currently included in the DAX:

* Allianz
* BASF
* Bayer
* BMW
* Commerzbank
* Continental
* Daimler
* Deutsche Bank
* Deutsche Telekom
* E.ON
* Fresenius
* Henkel
* Infineon
* Linde
* Lufthansa
* Merck
* Metro
* Munich Re
* RWE
* SAP
* Siemens
* ThyssenKrupp
* Volkswagen
* Wirecard