What does dax mean?

Definitions for dax
dax

This dictionary definitions page includes all the possible meanings, example usage and translations of the word dax.


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Wikipedia

  1. DAX

    The DAX (Deutscher Aktienindex (German stock index); German pronunciation: [daks] (listen)) 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 trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 40 largest German companies in terms of order book volume and market capitalization. DAX is the equivalent of the UK FTSE 100 and the US Dow Jones Industrial Average, and because of its small company selection it does not necessarily represent the vitality of the German economy as a whole. The L-DAX Index is an indicator of the German benchmark DAX index's performance after the Xetra trading venue closes based on the floor trading at the Börse Frankfurt trading venue. The L-DAX Index basis is the "floor" trade (Parketthandel) at the Frankfurt stock exchange; it is computed daily between 09:00 and 17:45 Hours CET. The L/E-DAX index (Late/Early DAX) is calculated from 17:45 to 20:00 CET and from 08:00 to 09:00 CET. The Eurex, a European electronic futures and options exchange based in Zürich, Switzerland with a subsidiary in Frankfurt, Germany, offers options (ODAX) and Futures (FDAX) on the DAX from 01:10 to 22:00 CET or from 02:10 to 22:00 CEST.The Base date for the DAX is 30 December 1987, and it was started from a base value of 1,000. The Xetra technology calculates the index every second since 1 January 2006. On 24 Nov 2020, Deutsche Börse announced an expansion of the DAX from 30 to 40 members and a tightening of rules in response to the Wirecard accounting scandal. The expansion occurred in the 3rd quarter of 2021.

Wikidata

  1. DAX

    The DAX is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization. It is the equivalent of the FT 30 and the Dow Jones Industrial Average, and because of its small selection it does not necessarily represent the vitality of the economy as whole. The L-DAX Index is an indicator of the German benchmark DAX index's performance after the Xetra electronic-trading system closes based on the floor trading at the Frankfurt Stock Exchange. The L-DAX Index basis is the "floor" trade at the Frankfurt stock exchange; it is computed daily between 09:00 and 17:30 Hours CET. The L-DAX index is calculated from 17:30 to 20:00 CET. The Eurex, a European electronic futures and options exchange based in Zurich, Switzerland with a subsidiary in Frankfurt, Germany, offers options and Futures on the DAX from 08:00 to 22:00 CET.

Military Dictionary and Gazetteer

  1. dax

    A well-built town of France, department of Landes. It is surrounded by an old wall, flanked with towers, and is also protected by a castle. Dax was taken by the English in the 12th century, and remained in their possession till the middle of the 15th century.

Suggested Resources

  1. DAX

    What does DAX stand for? -- Explore the various meanings for the DAX acronym on the Abbreviations.com website.

Surnames Frequency by Census Records

  1. DAX

    According to the U.S. Census Bureau, Dax is ranked #51941 in terms of the most common surnames in America.

    The Dax surname appeared 400 times in the 2010 census and if you were to sample 100,000 people in the United States, approximately 0 would have the surname Dax.

    88.2% or 353 total occurrences were White.
    4.2% or 17 total occurrences were Black.
    4.2% or 17 total occurrences were of Hispanic origin.
    1.2% or 5 total occurrences were Asian.

How to pronounce dax?

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Numerology

  1. Chaldean Numerology

    The numerical value of dax in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of dax in Pythagorean Numerology is: 2

Examples of dax in a Sentence

  1. Logic Investments ' Harry Shann:

    The volatility in the DAX has not been helped by the euro strengthening and a Bund yield that keeps rising. If it falls down to 11,000, then we might buy around there.

  2. Markus Huber:

    Sentiment is bullish, we're long the DAX because America has outperformed hugely and even though growth there is strong, it's already in the price whereas in Germany there's more to come.

  3. Mark Priest:

    There's a sense of relief. There's so much nervousness in the market at the moment that even slightly good news out of a bank like Commerzbank is taken very well, the German banking sector has been pretty battered, and The German banking sector's got to a point where there may be value there, so long as global economic factors start to calm down. Germany's DAX was up 1.4 percent. Traders said that growth data from Germany, which showed growth was steady and in line with expectations, provided reassurance after economic fears had pegged back markets this week. The FTSEurofirst 300 nonetheless remains down 5 percent this week, with banks still down around 7.5 percent on the week, hit by concerns over profitability in a low growth, low interest rate environment. Caution over exposure to default from the energy sector has also hindered bank stocks. On Friday, the oil and gas sector rose 3.1 percent after a rally in oil which left crude prices up over 3 percent. Growth sensitive mining stocks also rallied, up over 3 percent. In other corporate news, Rolls Royce rallied 11.9 percent after Rolls Royce results, Rolls Royce biggest one-day rise since November 2008. It stuck to its 2016 guidance, despite being forced to cut its dividend following three profit warnings last year. It said there would be no need for a rights issue.

  4. Lorne Baring:

    The DAX, an export-driven index, is seeing this euro rally feeding straight through into concerns that it will dampen the export ability of the companies.

  5. Michael Hewson:

    European markets have started a new week on the front foot increasingly confident that the ECB will announce a bond buying program. This is being reflected in early trading by new record lows in European yields and fresh all-time highs in the German DAX.

Popularity rank by frequency of use

dax#10000#24122#100000

Translations for dax

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"dax." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/dax>.

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