Change is coming to the German stockmarket as the Dax index expands

Germany's benchmark Dax stock index is to expand to 40 companies from the current 30 amid a broader shakeup of the German stockmarket.

German stockmarket
Germany's benchmark stock index is expanding from 30 to 40 firms
(Image credit: © ARMANDO BABANI/AFP via Getty Images)

“Over the last 15 years Germany has come to be seen by many in Europe as a paragon of political stability”, says Ronald G. Asch in The Spectator. Now Angela Merkel, the country’s “perennial chancellor”, is preparing to retire. An election on 26 September will decide who replaces her at the helm of Europe’s biggest economy.

The next coalition

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.