TecDAX

TecDAX is a stock market index that represents the performance of the 30 largest and most liquid German technology companies listed on the Frankfurt Stock Exchange. It serves as a benchmark for the technology sector in Germany, similar to how the DAX index reflects the broader German economy. TecDAX includes companies from various technology industries, such as software, telecommunications, and biotechnology, and is designed to gauge the overall health and performance of the German tech sector. The index is calculated using a market capitalization-weighted methodology, which means that companies with larger market values have a greater influence on the index’s movements. TecDAX is an important indicator for investors and analysts interested in the dynamics of the technology market in Germany.