The Germany 40, also known as the Deutscher Aktienindex or DAX, is a stock market index that reflects the performance of 40 largest and most liquid blue-chip German entities listed on the Frankfurt Stock Exchange (Deutsche Börse).
What is the Top 40 index?
The Top 40 index is a fair reflection of what happens to the South African market as a whole because even though it contains only 40 out of the roughly 400 shares listed on the JSE, it represents over 80% of the total market cap of all JSE-listed companies.
How is the German stock market index derived?
This index is primarily derived from over-the-counter trading and contracts for difference indexes (CFDs). Market Data Coverage: Germany The main stock market index in Germany (DE40) increased 1666 points or 9.94% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany.
