Market cap of the Frankfurt Stock Exchange 2002-2023

The total market capitalization of German companies listed on the Frankfurt Stock exchange reached 2.21 trillion euros at the end of 2021. This is above the values found at the end of 2019 and 2017, indicating that Germany's stock market has largely recovered from the financial crash precipitated by the global coronavirus (COVID-19) pandemic in 2020. At the end of 2023, the total market capitalization of German companies listed on the Frankfurt Stock exchange closed at 1.97 trillion euros, a significant decrease compared to the previous year.What is the Frankfurt Stock Exchange?While there are seven stock exchanges in Germany, the Frankfurt Stock Exchange is by far the most important, accounting for around 90 percent of transactions. Run by Deutsche Börse AG, the Frankfurt Stock Exchange is comprised of two exchange trading venues: the traditional trading floor of the Börse Frankfurt, and the electronic trading platform Xetra (which in turn is divided into domestic and international markets). Xetra counts for the vast majority of the trading volume of the Frankfurt Stock Exchange. As an electronic platform, the technology behind Xetra is used by other stock exchanges around the world, strengthening the Frankfurt Stock Exchange’s competitive position while facilitating its capacity to handle international trading. As a result, the Frankfurt Stock Exchange is one of the largest stock exchanges in the world, sitting just outside the global top 10.The DAX IndexThe most important indicator of the German share market is the DAX index, which is comprised of the 30 largest German companies trading on the Frankfurt Stock Exchange. Some of the more famous companies included in the index are: car manufactures like Volkswagen, BMW and Daimler; clothing and shoe manufacturer Adidas; industrial companies BASF and Siemens; and pharmaceutical company Bayer. Following the DAX is the MDAX index, which covers the 60 next-largest German companies by market cap, then the SDAX index, comprised of the 70 next-largest companies after the MDAX.

德国企业在法兰克福证券交易所的总市值于2021年底达到2.21万亿欧元，这一数字超越了2019年底和2017年底的数值，显示出德国股市已从2020年由全球冠状病毒（COVID-19）大流行引发的金融危机中全面复苏。至2023年底，法兰克福证券交易所上市德国企业的总市值降至1.97万亿欧元，与前一年相比出现了显著下降。何为法兰克福证券交易所？在德国，虽然共有七个证券交易所，但法兰克福证券交易所无疑是其中最为重要的，其交易额占据了总交易额的约90%。由德国证券交易所集团股份有限公司（Deutsche Börse AG）运营的法兰克福证券交易所由两个交易场所组成：传统的法兰克福交易所交易大厅和电子交易平台Xetra（Xetra平台本身又分为国内和国际市场）。Xetra平台占据了法兰克福证券交易所绝大部分的交易量。作为电子平台，Xetra背后的技术被全球其他证券交易所所采用，这不仅巩固了法兰克福证券交易所的竞争优势，同时也提升了其处理国际交易的能力。因此，法兰克福证券交易所成为世界上最大的证券交易所之一，仅位列全球前十大交易所之外。DAX指数德国股市最重要的指标是DAX指数，该指数由在法兰克福证券交易所上市的30家最大德国公司组成。该指数中包含的一些知名公司包括：汽车制造商如大众、宝马和戴姆勒；服装和鞋类制造商阿迪达斯；工业公司巴斯夫和西门子；以及制药公司拜耳。紧随DAX之后的是MDAX指数，它涵盖了市值排名第二六十位的德国公司，然后是SDAX指数，该指数由MDAX之后的七十家市值排名的公司组成。