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.
Singapore police have raided the offices of the German payment company on suspicion of fraud. Hailed as a market champion, it has been dogged by fraud accusations, losing 22 percent of its market share since January 1.
Poor results and tumbling share prices: Germany's big banks are in trouble. Now Commerzbank is facing a possible ousting from the DAX index. Experts say the banks have dragged their feet in the face of digitalisation. A congress in Frankfurt hopes to find solutions.