Deutsche Börse expanded its international DAXglobal index family on Monday, by adding eleven new China indices. The DAXglobal China index tracks the 40 largest and most liquid companies in China. In addition, 10 sector indices called DAXglobal Sektor, complement the DAXglobal China index. These indices enable investments in the following sectors: Basic Resources, Construction & Materials, Environmental Protection, Financial Services, Food & Beverages, Infrastructure & Transport, Real Estate, Technologies & Telecommunications, and Utilities.
Chinese companies are selected for the DAXglobal China index on the basis of market capitalization and daily trading volume. Each sector index comprises a maximum of 15 constituents, which are weighted according to exchange turnover. The DAXglobal China index is calculated as a price and performance index in euros, US dollars and pounds sterling; the DAXglobal sector indices are each calculated as a price and performance index in euros. The index composition is reviewed once a year with reweighting undertaken on a quarterly basis.
Thus far, there are DAXglobal indices for the international markets Russia, India, Asia, BRIC (Brazil, Russia, India and China) and emerging markets, as well as for the alternative energies, agriculture and nuclear energy sectors.
Market Data & Analytics calculates and publishes more than 2,100 indices in total. Deutsche Börse thus ranks among the world’s major index providers. Market Data & Analytics also compiles, distributes, and markets independent capital market information, such as price data, trading statistics, and back office information for banks and financial institutions.
