DAX Index — Level, Chart & Constituents

What the DAX measures

The DAX is a stock market index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange in Germany. It is one of the most widely followed benchmarks for the European economy and is part of the broader Indices directory. Because it is a market-capitalisation-weighted index, the largest companies by market value have the greatest influence on its movements.

Key numbers explained

• The current DAX level is 25,410.63 points, which is the index's valuation at the time of the last calculation.
• Today's trading range was 25,365.21 to 25,729.05, showing the day's lowest and highest level.
• The price change today is -0.66%, indicating the index closed slightly lower than the previous session.
• Over the last 52 weeks, the DAX has traded between a low of 21,863.81 and a high of 26,618.74.
• The index is denominated in EUR, so its level reflects the euro-denominated value of the basket of stocks.
• The DAX is a price return index, meaning it reflects only the movement of share prices and does not assume reinvestment of dividends.

Recent news

European markets have shown mixed results in recent sessions, with headlines noting mostly lower closes in Wednesday trading ahead of the US-China summit and sharply lower closes on Friday as Middle East fighting continued to choke oil supply. Other reports highlighted European indexes led higher by banks and tech, as well as a mixed close ahead of the Trump-Xi summit with the Saudi Arabia oil pipeline restart.

What to watch

The DAX is sensitive to factors that affect European equities, such as eurozone economic data, European Central Bank monetary policy decisions, and geopolitical developments that impact trade or energy markets. Movements in the CAC 40, FTSE 100, and other major European indices can also signal shifts in regional investor sentiment. Currency fluctuations, particularly the euro against the US dollar, may influence the returns of international investors tracking the index.