The TecDAX

stock index In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market perform ...

tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover 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 ...

the companies rank below those included in the

DAX The DAX (''Deutscher Aktienindex'' (German stock index); ) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index. Prices are taken from the Xetra t ...

. The TecDax was introduced on 24 March 2003. It succeeded the NEMAX50 (''Neuer Markt'' — new market) stock index of German

new economy The New Economy refers to the ongoing development of the American economic system. It evolved from the notions of the classical economy via the transition from a manufacturing-based economy to a service-based economy, and has been driven by ...

companies that existed from 1997 to 2003 and was discontinued after extreme value loss due to the burst of the

dot-com bubble The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Interne ...

. TecDAX is based on prices generated in Xetra. The index is calculated on every trading day, between 9am and 5.30pm CET . In 2018, the TecDAX had an average performance of 23,3 % in five years, outpacing even the

NASDAQ The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

Companies

The following 30 companies make up the index as of the quarterly review effective February 2024. * 1&1 Drillisch * Adtran *

Aixtron Aixtron SE is a European multinational technology company, which specialises in manufacturing metalorganic chemical vapour deposition (MOCVD) equipment, for clients in the semiconductor industry. The company's shares are listed on the Frankfur ...

* Atoss Software AG * Bechtle * Cancom AG *

Carl Zeiss Meditec Carl Zeiss Meditec AG is a multinational medical technology company and subsidiary of Carl Zeiss AG. It manufactures tools for eye examinations and medical lasers as well as solutions for neurosurgery, dentistry, gynecology and oncology. Among i ...

* CompuGroup Medical SE *

Deutsche Telekom Deutsche Telekom AG (, ; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and the largest telecommunications provider in Europe by revenue. It was formed in 199 ...

* Energiekontor * Evotec *

Freenet Hyphanet (until mid-2023: Freenet) is a peer-to-peer platform for censorship-resistant, Anonymity application, anonymous communication. It uses a decentralized distributed data store to keep and deliver information, and has a suite of free soft ...

Hensoldt Hensoldt AG ''(HENSOLDT)'' is a multinational corporation headquartered in Germany which focuses on sensor technologies for protection and surveillance missions in the Military, defence, security and aerospace sectors. The main product areas are r ...

Infineon Technologies Infineon Semiconductor solutions is the largest microcontroller manufacturer in the world, as well as Germany's largest semiconductor manufacturer. It is also the leading automotive semiconductor manufacturer globally. Infineon had roughly 58,0 ...

Jenoptik Jenoptik AG is a Jena, Germany-based integrated photonics company. The company is listed on the Frankfurt Stock Exchange and is included in the TecDAX stock index. History The group can trace its heritage back to the original Carl Zeiss AG c ...

* Kontron * MorphoSys * Nagarro SE *

Nemetschek Nemetschek Group is a vendor of software for architects, engineers and the construction industry. The company develops and distributes software for planning, designing, building and managing buildings and real estate, as well as for media and ent ...

Nordex Nordex SE is a European company that designs, sells and manufactures wind turbines, founded in 1985 and headquartered in the German city of Rostock with production in Germany, Brazil, India, Mexico, Poland and Spain. According to the company, it ...

* PNE AG *

Qiagen QIAGEN N.V. is a German-founded multinational provider of sample and assay technologies for molecular diagnostics, applied testing, academic research, and pharmaceutical research. The company operates in more than 35 offices in over 25 countries ...

SAP Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a s ...

* Sartorius *

Siemens Healthineers Siemens Healthineers is a German multinational company with specializing in medical technology. It was spun off from its parent company Siemens in 2017, which retains a 75% stake. Siemens Healthineers is the parent company for several medical te ...

* Siltronic *

SMA Solar Technology SMA Solar Technology AG (meaning "System-, Mess- and Anlagentechnik") is a German solar energy equipment supplier founded in 1981 and headquartered in Niestetal, Northern Hesse, Germany. SMA is a producer and manufacturer of solar inverters for ...

* TeamViewer AG * United Internet * Verbio

References

External links

TecDAX official information from Deutsche Börse
{{TecDAX companies German stock market indices Stock market indices by industry

Companies

See also

References

External links