dax

DAX

An index of 30 top German Stocks.

Investopedia Commentary

In German, DAX is short for "DEUTSCHER AKTIENINDEX", which essentially means performance index.

Related Links

Index Investing Tutorial

See also: Hang Seng, Index, Nikkei, S&P 500, TSX

Also spelled: DAX

DAX

The leading German index of equity prices based on the 30 most heavily traded stocks on the Frankfurt Stock Exchange.

Dax

town, Landes departement, Aquitaine region, southwestern France. It lies on the left bank of the Adour River, 88 miles (142 km) southwest of Bordeaux and 50 miles (80 km) north of the Pyrenees frontier with Spain. The town is a spa resort whose thermal springs and mud baths have been noted for the cure of rheumatism since Roman times, when it was known as Aquae Tarbellicae. Situated on the edge of the Landes Forest, it is also a tourist centre. The remains of its Gallo-Roman walls have been made into a promenade. At the Place de la Fontaine Chaude, near the Roman wall, there are hot springs, the waters of which gush out at a temperature of 147 F (64 C). Near the river is a park with a bull ring. Small-scale woodworking and leatherworking are local industries. Pop. (1999) town, 19,515; urban area, 49,219.

Learn more about Dax with a free trial on Britannica.com.