What is de30?

DE30, also known as the German stock market index, is a stock market index that represents the performance of 30 major companies traded on the Frankfurt Stock Exchange. The index is also called the DAX30 and is calculated using the total return methodology, which takes into account the reinvestment of dividends. The DE30 index is dominated by companies in the industrial, finance, and consumer goods sectors. The highest-weighted stocks on the index include SAP, Siemens, and Volkswagen. The DE30 index serves as an important benchmark for the German economy and provides insights into the performance of the largest and most liquid German companies. It is also used as a benchmark for many investment funds and structured products. Trading of DE30 happens on the Eurex Exchange.