ger30 stock price

What is ger30 and how does it work?

Since the establishment of the Deutscher Aktien Index, or German Stock Market Index, on July 1, 1988, it has had 30 large-scale companies under the name of GER30. For the last 33 years, these companies have operated index trading on the Frankfurt Stock Exchange.

How is the ger30 index calculated?

As a blue-chip index, the GER30 is weighted by market capitalisation, so companies with higher market capitalisation have more impact on its value. Companies included in the GER30 can have a maximum weight of 10%. The prices used to compute the index come from Xetra, which is an electronic trading system.

What is the German stock index DAX 30?

Started Upward zone —— #GER30 Upward Entry: above 15540 Tp.: 15700 & 15854 Sl.: 15420 The German stock index DAX 30 (GER30) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 30 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity.

Where can I find the index price of Germany 30 today?

Economies.com provides the index price of Germany 30 (Symbol: GER30) today. Through this page you may find all the information about the quote including High, Low, Open, Close and Last.

Is GER30 a stock?

DAX (GER 30) is a stock index that appeared in FSE in 1988 with the reference price set at 1000 in 1987. Originally inherited the stock index in Germany, it is the GER 30 consisting of 30 companies out of the best German companies. By the way, all 30 companies are listed on the Frankfurt Stock Exchange.

Will GER30 go down?

In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy. Ger30 is falling badly.

Is DAX 30 same as GER30?

The GER30 Index, or Dax 30, is the leading stock market index in Germany. It includes the 30 largest companies listed on the Frankfurt Stock Exchange, weighted by market value, and was launched in 1988. Prominent members of the index include BMW, Adidas, Bayer, Deutsche Bank, Lufthansa, SAP and Volkswagen.

How much money do you need to trade GER30?

The GER30 has a minimum value of €0.10 per point (Your per point value may be different if your account is denominated in a different currency. Please refer to the Simple Dealing Rates Window in Trading Station for this value). The pip/point location is shown below. Each 1.0 price movement on the GER30 is 1 pip/point.

Why is the Ger30 falling?

Ger30 is falling badly. Turkey doubled the tariff on some US imports as a retaliation so we are expecting Trump to trump. Also, China filed complained in World Trade Organization on the tariff imposed.

What is the highest the DAX has ever been?

The DAX reached its all-time high of 15,802.70 points on June 14, 2021, and its highest closing level was 15,729.52 points the following day. The lowest closing level was recorded on August 29, 1988: 1,152.38 points. The DAX's first publication dates from 1 July 1988 and reached an index level of 1,163.52 points.

Did GER30 change to GER40?

On our platform, the GER30 will be renamed the GER40. Traders of the index will be able to trade it the same way as they did before, If you will have open positions on the GER30-U21 at the rollover time, the trades will be rolled over to the new symbol GER40-Z21.

Which companies are in GER30?

The ten new companies are Airbus, Zalando, Siemens Healthineers, Symrise, Hello Fresh, Porsche, Sartorius, Brenntag, Puma, and Qiagen. The changes took effect in September of 2021 and will have a lasting impact on the future of the DAX Stock Market Index Fund.

How do you trade Germany 30?

0:124:31What is the DAX 30 Index? How to Trade the German DAX for BeginnersYouTubeStart of suggested clipEnd of suggested clipAt libertex you can trade the dax as well as other indexes with exclusive forecasts professionalMoreAt libertex you can trade the dax as well as other indexes with exclusive forecasts professional trading tools at your disposal. And the lowest commissions with zero hidden fees.

What time can I trade my GER30 in South Africa?

What are your trading hours?InstrumentTrading Hours (GMT)Break Time (GMT)GER30Daily 00:30 - 20:00Daily 20:00 - 00:30HKG33Daily 01:15 - 19:00Daily 04:00 - 05:00 & 08:30 - 09:15INDIA50Daily 01:00 – 21:15 (Friday 20:45)Daily 10:10 - 10:40JPN225Sunday 22:00 - Friday 20:45Daily 21:00 - 22:0012 more rows

How do you calculate pips on GER30?

The pip value of 1 units of GER30 is €0.01. The 1 pip size of GER30 is 0.01, so if the GER30 price is 1.23, the 3 represents 3 pips.

Is DAX A GER30?

Instrument Summary. The GER30's underlying instrument is the DAX index future. The DAX is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange: Examples are BASF, SAP, Bayer, Allianz etc.

What is the main stock market index in Germany?

The DAXThe DAX—also known as the Deutscher Aktien Index or the GER40—is a stock index that represents 40 of the largest and most liquid German companies that trade on the Frankfurt Exchange.

What is the US30?

United States Stock Market Index (US30) The Dow Jones Industrial Average is one of the most closely watched U.S. benchmark indices. It is a price-weighted index that tracks the performance of 30 large and well-known U.S. companies that are listed mostly on the New York Stock Exchange.

Does XM offer ger30?

At XM we offer both Micro and Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions and leverage up to 1000:1....GER40 Cash.Spreads as low as1Min/Max Trade Size MT40.1/12500Min/Max Trade Size MT50.1/150Swap Value in Margin Currency Long-0.872 more rows

What is GER 30 on IFX?

(GER30m. lmax) The Germany 30 is a popular European index with investors due to the historically strong performance of companies on the Frankfurt Stock Exchange. Founded in 1988, the Germany 30 is ordered by market capitalisation and is managed by Deutsche Börse.

What is a DAX 30?

What companies are listed on the Dax 30?

The German stock index DAX 30 (GER30) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 30 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity. The trading hours for the Frankfurt Stock Exchange take place from 9:00 a.m. to 5:30 p.m. CET. The DAX30 is usually reported as a performance index, which means that the dividends of the companies are reinvested. In a price index the corporate distributions remains disregarded (this can be seen e.g. in EUROSTOXX50). If a company wants to be included in the DAX, it must be listed in the Prime Standard, it has to be traded continuously in Xetra and have at least a free float of 10 %. Additionally, the company must have a registered office in Germany or the main focus of its traded volume in shares is in Frankfurt and the company has a seat in the EU. Based on market capitalization, the five biggest German companies listed in the DAX 30 are Bayer (BAYN), Daimler (DAI), Siemens (SIE), Allianz (ALV) and BASF (BAS). The development in the DAX is often seen as an indicator for the development of the German economy. As a result, the DAX can be seen as a proxy for European economic health since the German economy accounts for almost one third of the total value of the Eurozone economy. The DAX 30s counterparts in Europe are the CAC 40 in France and the FTSE 100 in Britain.

What time does the Frankfurt Stock Exchange open?

Based on market capitalization, the five biggest German companies listed in the DAX 30 are Bayer (BAYN), Daimler (DAI), Siemens (SIE), Allianz (ALV) and BASF (BAS). The development in the DAX is often seen as an indicator for the development of the German economy.

What are the three main market phases?

The trading hours for the Frankfurt Stock Exchange take place from 9:00 a.m. to 5:30 p.m. CET. The DAX30 is usually reported as a performance index, which means that the dividends of the companies are reinvested. In a price index the corporate distributions remains disregarded (this can be seen e.g. in EUROSTOXX50).

When was the German stock index DAX 30 introduced?

Market phases - Price Action The market can only go in three directions: 1. up, 2.down, 3. sideways. With high / low defined, we can use several charts to identify these market phases and start a simple search for our Swing Highs and Swing Lows. In short: • the market rises when price makes higher highs and higher lows. • the market goes down when the price makes...

Is price in an uptrend?

Profile. The German stock index DAX 30 (GER30) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 30 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity.

Is GER 30 a pullback?

Price is clearly in an uptrend. Knowing that the trend is our friend😉 we'll be looking for long positions. Good RR SL should be at the breakout of the trendline.