DAX40Germany 40 CashGOMARKETS:DAX40ShavyfxhubDax2545-25500 zone remain a potential target and Supplyroof. DAX 40 (also known simply as the DAX or Deutscher Aktienindex) is Germany’s primary stock market index.  Key Details • Full Name: Deutscher Aktienindex (German Share Index). • Composition: It tracks the performance of the 40 largest and most liquid German blue-chip companies listed on the Frankfurt Stock Exchange (primarily via the Xetra electronic trading platform).  • Market Representation: These 40 companies represent roughly 80% of the total market capitalization of German stocks traded on the Frankfurt Exchange.  • Type: It is a total return / performance index, meaning it assumes dividends are reinvested (unlike a pure price index).  History • Launched in 1988 with an initial base of 30 companies. • Expanded from DAX 30 to DAX 40 in September 2021, following the Wirecard scandal, to broaden representation and tighten listing rules (e.g., profitability and transparency requirements).  How It’s Calculated and Used • Weighting: Based on free-float market capitalization (with caps on individual stock weights, currently 15% max for any single company).  • Trading Hours: Corresponds to Frankfurt Stock Exchange hours, typically 9:00 AM to 5:30 PM CET. • Significance: Serves as a key barometer for the German and broader European economy. It’s widely used for benchmarking, investment products (ETFs, futures, options), and as a reference for traders (often called GER40 or DE40 in CFD/broker platforms).  Notable Constituents (Examples) Major companies typically include SAP, Siemens, Airbus, Mercedes-Benz Group, Allianz, Deutsche Telekom, BASF, Adidas, and others from automotive, industrial, chemical, tech, and financial sectors. The exact list is reviewed periodically. The DAX 40 is one of Europe’s most important equity benchmarks, alongside indices like the CAC 40 (France) or FTSE 100 (UK). Its performance reflects Germany’s export-driven economy and global industrial strength.  DAX40