Germany's DAX index-About Germany's DAX index:
Germany's DAX index is Germany's most important stock index.
DAX index profile:
DAX index (also known as Xetra DAX, generally known as the Frankfurt DAX index) by Deutsche Börse AG (Deutsche Börse Group) launched a blue-chip index. The index contains 30 major German companies. DAX index in Europe and the UK FTSE index of the importance of par stock index, world stock market indices in one of the important.
DAX index introduced in 1987 to replace the index was Börsen-Zeitung Index and Frankfurter Allgemeine Zeitung Index (Frankfurter Allgemeinen Zeitung Aktienindex). July 1, 1988 officially began trading, the benchmark points to 1000 points. DAX index of "total return method", ie considering the company's share price at the same time, considering the expected dividend yield.
Germany's DAX index is the most important stock index. DAX index of blue chips by only 30 kinds of composition, is considered too narrow and not suitable as the overall stock market performance indicators. DAX30 with the U.S. S & P 500, French CAC-40 index and the UK FTSE 100 stock index as the market value-weighted average stock price index, rather than the simple average of the average stock price index.
The difference is that with the other indices, DAX30 German stock market index attempts to reflect the total earnings, while the other indices only reflect changes in market prices. DAX30 index taking into account the dividend income in the name of all dividend income (according to stock weightings) and then invested in stocks. So, even if no change in stock prices in Germany, DAX30 index is still likely to rise due to dividend income. DAX30 index futures and futures options contracts in the European Options Exchange (EUREX) listed trading.
DAX index traded through Xetra trading system, so the transactions are different from traditional public transactions, instead of using electronic transactions, facilitate global trade.
