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English definition of “the DAX”

the DAX

noun [S]
 
 
STOCK MARKET
abbreviation for Deutscher Aktien-Index 30: a share index (= a system used to show changes in the total value of shares in a number of companies) in 30 leading German companies on the Frankfurt stock market: The DAX closed down 1.30% yesterday.
(Definition of the DAX from the Cambridge Business English Dictionary © Cambridge University Press)
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