Definition, Meaning & Synonyms
dax
Noun
/dæks/
Definition
Dax is a term that may refer to various contexts, including a type of financial market index or a specific location.
Examples
- The DAX index rose by 2% today, reflecting positive market trends.
- Investors often watch the DAX for insights into the performance of German equities.
Meaning
In finance, DAX refers to the German stock index that includes 30 major German companies listed on the Frankfurt Stock Exchange.
Synonyms
- German Stock Index
- Frankfurt Stock Exchange Index
