Germany CDAX Index Performance From 1930 To 1950

The German equity market soared from 1931 and continued to rise when Hitler started the Blitzkrieg. The market was closed in Aug, 1944 and remained closed until mid 1948. When it opened it took a straight plunge. The following chart shows the performance of the CDAX Index from 1930 to 1950: Click to enlarge Source: Stock …

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Continental AG ADR Ratio Change and Stock Distribution

Germany-based tire and auto-parts maker Continental AG’s ADR(CTTAY) had a ratio change recently resulting in a 2 for 1 stock split for ADS holders. CTTAY closed at $32.35 on Oct 29 and opened at $16.13 on Oct 30 before ending the day at $16.33. The depository’s announcement on the ratio change is listed below. The …

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A Note on the Performance of DAX Index

Germany’s DAX Index is down by 10.8% year-to-date. It is one of the worst performers among the major developed world indices. Click to enlarge   Source: Yahoo Finance Over the past five years also the index has swung between a narrow range as shown in the chart below: Click to enlarge Source: Yahoo Finance As …

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Volkswagen AG Terminated its ADR Program

German auto giant Volkswagen AG has terminated its ADR program effective July Aug 13, 2018. The ADR traded under the ticker VLKAY for many years. Below is the news of the termination from the company’s site: Volkswagen AG has reached the approved registration limit for the American Depositary Receipt (“ADR”) programs and decided not to …

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