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09:09 Mar 16, 2000
English to German translations [PRO] Bus/Financial
English term or phrase:From English to German
Does anybody know what it means when
A COMPANY HAS OUTPERFORMED THE DAX
I know that the DAX is the Deutsche Aktiengesellschaft, still it doesn't make a lot of sense to me.
I appreciate any comments, ideas and translations.
Explanation: Well, first off, DAX is the Deutsche Aktien*indeX*. That is a stock index like the Dow-Jones index. A company outperforms that index, if it's share price increase is higher than the Dax increase.
Anyone please correct me, if I'm wrong, thanks,