Former index that reflected the price development of the 50 largest technology shares in Prime Standard below DAX®
NEMAX® 50 was launched on 1 July 1999. Until 21 March 2003, it represented the 50 largest German and foreign companies listed in the Neuer Markt segment, measured in terms of market capitalization and volume of trading.
From 24 March 2003 until 31 December 2004, NEMAX 50 comprised the 50 largest shares from technology sectors in the Prime Standard segment of FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange), ranking below the DAX® shares in terms of market capitalization and volume of trading. The base date for the calculation of the index was 30th December 1997 = 1,000 points. The calculation of NEMAX 50 was discontinued by the end of 2004.
