Germany has the largest economy in Europe and is one of the wealthiest countries in the world. As a global investor, we are positive you are including some of the best companies listed in the GER30 index on your portfolio.
In this article, we tackle more about investing in the leading stock market index of Deutschland. We also share with you the complete 30 companies listed in the GER30 index as of 2020. They are known to be the biggest and most liquid companies in Germany. Let’s proceed!
What is GER30 Index?
GER30, also known as The DAX (Deutscher Aktien Index), is a stock index launched in 1988, representing the 30 largest companies trading on the Frankfurt Stock Exchange. These are blue-chip stocks that constitute roughly 75% of the aggregate market capitalization trading on the exchange. GER30 is calculated by Xetra, an electronic trading system.
Top 30 Companies Listed in GER30 Index (Dax 30) in 2020:
Like many other indices worldwide, GER30 goes through periodic re-balancing. Thus some of its components are not permanent and can be added or removed over some time. Here is the latest and updated list of companies listed in GER30 as of June 23, 2020.
| Allianz |
| Bayer |
| BASF |
| SAP |
| Siemens |
| Deutsche Telekom |
| Linde |
| Volkswagen |
| Daimler |
| Deutsche Post |
| BMW |
| Fresenius SE & Co. |
| Deutsche Boerse |
| Vonovia |
| Infineon Technologies |
| RWE |
| Deutsche Bank |
| Deutsche Wohnen |
| Henkel AG & Co. |
| Fresenius Medical Care |
| Adidas |
| E.ON |
| Münchener Rückversicherungs-Gesellschaft |
| Continental |
| Covestro |
| Merck |
| Beiersdorf |
| HeidelbergCement |
| MTU Aero Engines |
| Wirecard |
Who should Invest in GER30 Index Companies?
1. Those who want to benchmark the top German stocks
Many investors who want to measure the performance of the best stocks in Germany would invest in the Ger30 index. Ger30 is composed of well-established companies, and using it as a benchmark could give you the same profitable advantage.
2. Those who believe in the European economy
Germany is the biggest economy in Europe. If you are confident that Germany and the European economy will continue to grow, then consider investing in the Ger30 index. The financial state of Germany always has an impact on the Eurozone.
3. Long term investors
The performance of the Ger30 index since its launch in 1988 shows a rising trend. If you are a long term investor, investing in an index like this can help you achieve portfolio growth with minimal risk.
4. Active traders
If you are a day trader, swing trader, or into scalping, trading Ger30 index is always an opportunity because this index also shows a lot of variable momentum. Whether you are buying or shorting this index, you will always have an option.
5. Those who want to diversify famous brands
The Ger30 index is a basket of prominent brands in the world that span in a wide range of industries like pharmaceutical, financial, automobile, technology, consumer goods, and aviation. Some of its iconic brands are Adidas, BMW, Volkswagen, SAP, Allianz SE, and Siemens.
How to Invest in the GER30 Index?
1. Open an online trading platform
The fastest and easiest way to invest in the Ger30 index is by using an online trading platform. We recommend the best social trading platform in the world, eToro, because of its user-friendly interface and zero commission.
2. Invest in Ger30
Ger30 index has grown so much over the years. It is around 11750 euros as I write this post. Fortunately, we can invest proportionate units of Ger30 for as low as $1000 using eToro. We can also enter our Target Price when we want to lock in our profit automatically even when we’re offline.
3. Trade German Stocks
All the best and most liquid companies in Germany are listed above. You can add them to your watchlist and find the right moment when to open your trading positions. Opportunity in the stock market is limitless as long as you know how to trade profitably.
Leave a Comment: