The MDAX is a stock index which lists German companies trading on the
Frankfurt Stock Exchange
The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time).
Organisation
Locat ...
. The index is calculated by
Deutsche Börse
Deutsche Börse AG () or the Deutsche Börse Group, is a German company offering marketplace organizing for the trading of shares and other securities. It is also a transaction services provider. It gives companies and investors access to gl ...
.
Until 2021 included the 60
Prime Standard The Prime Standard is a market segment of the Frankfurt Stock Exchange that includes companies which comply with transparency standards higher than those of the General Standard, which is regulated by law. The Prime Standard includes quarterly repo ...
shares from sectors that rank immediately below (in value of market capitalization) the originally 30 companies included in the
DAX
Dax or DAX may refer to:
Business and organizations
* DAX, stock market index of the top 40 German companies
** DAX 100, an expanded index of 100 stocks, superseded by the HDAX
** TecDAX, stock index of the top 30 German technology firms
* Dax ...
index; in 2021, the number of constituents in the MDAX shrank to 50 from 60.
[Tom Sims and Hakan Ersen (September 4, 2021)]
Porsche, Puma to join Germany's DAX as index expands
''Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world.
The agency was estab ...
''. The company size is based on terms of
order book
An order book is the list of orders (manual or electronic) that a trading venue (in particular stock exchanges) uses to record the interest of buyers and sellers in a particular financial instrument. A matching engine uses the book to determin ...
volume and
market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by t ...
. The index is based on prices generated in the electronic trading system
Xetra.
Companies
The following 60 companies make up the index as of the quarterly review effective on 10 September 2020.
: Source: :de:MDAX.
See also
*
DAX
Dax or DAX may refer to:
Business and organizations
* DAX, stock market index of the top 40 German companies
** DAX 100, an expanded index of 100 stocks, superseded by the HDAX
** TecDAX, stock index of the top 30 German technology firms
* Dax ...
*
SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called ' small caps' rank directly below the MDAX (mid-cap) shares in terms of o ...
*
TecDAX
The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX.
The TecDax was introduc ...
*
ÖkoDAX
ÖkoDAX is a German stock market index which includes ten companies in the renewable energy sector. It was introduced on 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). Th ...
References
{{reflist
External links
MDAX
German stock market indices