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The DAX is made of the 40 most valuable German companies. That’s how it is defined. So the companies not in it, again by definition, matter less.
by earthnail 2y ago
The DAX is made of the 40 most valuable German companies. That’s how it is defined. So the companies not in it, again by definition, matter less.
- qsi 2y agoThe CDAX index has about 360 companies and appears to have a market cap of around 2 trillion EUR vs 1.7 trillion for the DAX 40.
- pell 2y ago> The DAX is made of the 40 most valuable German companies. Not to be too nitpicky here but these are only the publicly traded companies. You have a number of pretty large German companies that are still entirely private such as Aldi, Schwarz Group, Boehringer or Bosch.
- bigfudge 2y agoAlso many medium sized companies which are productive and competitive but not public, so never grow to huge sizes. I view this as a feature not a bug… smaller companies have a more direct connection with their workforce and tend to behave better with them.
- dukeyukey 2y agoNo it isn't? It's the list of the biggest blue-chip Germany-HQ'd companies trading on the Frankfurt Stock Exchange. If you're a German company with exclusively German employees trading in London, or Paris, or New York, you don't qualify.
- raverbashing 2y ago> DAX is made of the 40 most valuable *listed* German companies https://www.famcap.com/top-500-german-family-businesses-the-economy-most-dependent-on-family-enterprises/ https://www.famcap.com/top-500-german-family-businesses-the-... Not all of those are listed, or listed in Frankfurt