The DAX 30, also known as the Deutscher Aktien Index, is a renowned German stock index composed of 30 of the most significant and largest companies traded on the Frankfurt Stock Exchange – “Frankfurter Wertpapierbörse” or “FWB”.

Thanks to Germany’s Reunification and the introduction of the European Union, Germany has grown to become Europe’s top economy. Since its initiation in 1988, these factors have led to the DAX 30’s growing significance.

The DAX 30 is a capitalization-weighted index. It tracks the performance of the 30 publicly traded companies in Germany and each one is capped at 10%. There are in fact 5 firms in this index that represent over 50% of its value. They are the following:

  • BASF
  • Bayer
  • SAP
  • Siemens
  • Allianz

The DAX 30 can therefore be considered a suitable indicator for the strength of Germany’s economy.  The 30 member companies in this index represent approximately 75% of the value on the Frankfurt Stock Exchange.

The companies on this index are regularly updated. There may be changes if a company drops to 45th or below in relation to the FWB ranking. If an organization is added to the top 25 most valuable companies, the list will once again be altered. Currently, the most significant companies on this index include:

  • Bayer
  • Deutsche Bank
  • Adidas
  • Siemens
  • Volkswagen Group

Trading DAX 30

It’s important to note that the DAX 30’s value fluctuates according to specific factors like the market’s assessment on its member companies, including:

  • Quarterly earnings reports
  • Market news related to a member company

Economic indicators in Germany such as unemployment rates and EU interest rate decisions can also influence the DAX 30’s value.

The DAX 30 and the Euro have a negative relationship, which means that when one is performing well, the other will not. For example, a falling euro would be positive for companies that export their products as they would be less expensive for foreign customers.

With our latest tools and technology, you can effortlessly trade DAX 30 at Almahfaza. We provide traders with a responsive platform to easily and quickly open and close trades. Traders can also take advantage of Almahfaza’s educational tools and charts that can can help in making better trading decisions.