The DAX is Germany's primary stock index, listing the 30 largest companies that trade on the Frankfurt Stock Exchange. The acronym stands for Deutscher Aktienindex, or German stock index.
Today, the DAX is one of the most important equity indexes in the world, representing around four-fifths of market capital authorized in Europe's largest economy. It could be compared to the Dow Jones Industrial Average in the United States. This page is an automatic compilation of the latest news involving the DAX.
A stronger euro, lukewarm quarterly results across different companies, and general anxiety over possible downward trends in the world economy made itself felt on Frankfurt's trading floor last week. The blue chip DAX index closed at its lowest level since November 2014. This week, investors are obviously hoping for better - but so far, they haven't gotten it.