DAX 30 index: History, composition and trading of the DAX 30 index

History of the DAX 30 index

Contents

The DAX 30 or Deutscher Aktieninde is the main German stock market. It brings together the 30 most important German companies trading on the Frankfurt Stock Exchange.

It is the main European stock index on the world market. It was established at the beginning of the 1980s but it was officially published in 1988.

17 companies have been able to keep their place on the DAX 30 index since its creation.

Its base value is 1,000 points, which is the same as that of the CAC 40 index.

The DAX 30 experienced the cold war and also the fall of the Berlin Wall in October 1989 which caused it to lose 13% of its value in just one month.

But its history does not end there. In fact, a decade later the DAX 30 was victim of the speculative bubble called the Internet Bubble in the early 2000s. On 7 March 2000, the German Stock Exchange reached its highest level which was 8,136 points but collapsed three years later in 2003 and reached 2,200 points.

This sharp drop in the DAX 30 index was due firstly to the speculative bubble that the Asian crisis had not been able to curb and then to the attacks on the World Trade Centre in September 2001.

It is important to know that the German Stock Exchange publishes two Dax indices:

The DAX TR corresponds to the DAX Total return. It includes dividends paid by companies in the index.
The DAX PR corresponds to the DAX price.. Dividends are not included in the calculation of the index. The French CAC 40 index is calculated this way also.

Composition of the DAX 30 index

The index of the DAX 30 consists of the 30 largest companies which make up the German economy.

Company:	Sector	Index weight
Adidas	Textile industry	1.22
Allianz	Insurance	7.34
BASF	Chemical industry	5.62
Bayer	Pharmaceutical industry	7.06
Beiersdorf	Cosmetics	0.75
BMW	Vehicle manufacturer	1.63
Commerzbank	Bank	0.96
Daimler	Vehicle manufacturer	5.37
Deutsche Bank	Bank	3.53
Deutsche Börse	Stock exchange	2.44
Deutsche Lufthansa	Airline company	1.13
Deutsche Post	Postal service	2.22
Deutsche Postbank	Bank	0.23
Deutsche Telekom	Telecommunications	7.39
E.ON	Electricity and water	10
Fresenius Medical Care	Pharmaceutical industry	1.43
Henkel	Consumer products	0.93
Infineon	Semi-conductors	0.11
K+S	Chemical industry	1.14
Linde	Engineering	2.26
MAN	Heavy vehicle manufacturer	0.82
Merck	Pharmaceutical industry	0.9
Metro	Distribution	0.72
Munich Re	Reinsurance	5.08
RWE	Electricity and water	5.73
Salzgitter	Metallurgy	0.42
SAP	I.T.	5.08
Siemens	Engineering	9.83
ThyssenKrupp	Various industries	1.38
Volkswagen	Vehicle manufacturer	7.28

Charts and progress of the DAX 30 index

dax 30

Below is a chart showing the progress of the DAX 30 index over the last few years

How to trade on the DAX 30 index

The DAX 30 index cannot be traded directly, you have to trade through a DAX 30 CFD or a DAX 30 Future that tracks the DAX 30 index’s progress.

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