Turnover comparison of three DAX indices in Germany 2019-2023

Monthly transaction value of prime standard shares listed on the Frankfurt Stock Exchange from January 2019 to March 2023, by index

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Release date

April 2023



Survey time period

January 2019 to March 2023

Supplementary notes

The prime standard is contrasted to the general standard, and refers to a higher set of transparency standards companies need to comply with. Companies need to meet these requirements in order to be listed in the DAX, MDAX, TecDAX and SDAX indices, all of which are also managed by the Frankfurt Stock Exchange.

The DAX index is comprised of the 40 largest German companies in terms of market capitalization, the MDAX of 41st to 90th largest companies, and the SDAX of the 91st to 160th largest companies. Effectively, this statistic therefore captures the 160 largest German companies listed on the Frankfurt Stock Exchange, and using the prime standard. Prior to September 2021, the DAX was comprised of the top 30 companies, the MDAX the following 60.

Values have been rounded.

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