TecDAX

Summary

The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX.

TecDAX
TecDAX-logo.svg
TecDAX logo
Foundation24 March 2003
OperatorSTOXX (Qontigo, Deutsche Börse)
ExchangesFrankfurt Stock Exchange
Constituents30
TypeMid-cap, technology sector
Market cap 10.718 billion (2009)
Weighting methodCapitalization-weighted
Related indicesDAX, MDAX, SDAX
WebsiteTecDAX homepage

The TecDax was introduced on 24 March 2003. It succeeded the NEMAX50 (Neuer Markt — new market) stock index of German new economy companies that existed from 1997 to 2003 and was discontinued after extreme value loss due to the burst of the dot-com bubble.

TecDAX is based on prices generated in Xetra. The index is calculated on every trading day, between 9am and 5.30pm CET .

In 2018, the TecDAX had an average performance of 23,3 % in five years, outpacing even the NASDAQ.

CompaniesEdit

The following 30 companies make up the index as of the quarterly review effective February 2021.[1]

See alsoEdit

ReferencesEdit

  1. ^ "Frankfurt Stock Exchange: Quotes, Charts and News". www.boerse-frankfurt.de. Retrieved 2021-02-11.

External linksEdit

  • TecDAX official information from Deutsche Börse