Deutsche Börse is making far-reaching changes in its selection indices.
As the Frankfurt stock exchange operator announced on Friday evening, ten companies will also be included in the German leading index Dax.
For the first time since it was founded in 1988, it will then comprise 40 companies from September 20 instead of the previous 30.
Editor in the economy of the Frankfurter Allgemeine Sonntagszeitung.
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New to the index are the European aircraft and armaments company Airbus, the Berlin online fashion retailer Zalando, the health group Siemens Healthineers, the fragrance and flavor manufacturer Symrise from Holzminden, the Berlin cooking box mail order company Hello Fresh, the vaccine supplier Sartorius from Göttingen, the VW- Major shareholder Porsche Automobil Holding, the chemical company Brenntag from Essen, the sporting goods manufacturer Puma and the German-Dutch biotech company Qiagen, which qualified just ahead of the Hamburg consumer goods group Beiersdorf.
All values come from the mean value index M-Dax, which is reduced accordingly from 60 to 50 values and loses a good 40 percent of its market value. However, this does not change anything in terms of index points in either the Dax or the M-Dax. Only the weights of the companies in the index change. The 30 “old” DAX stocks lose around 17 percent of their index weight in favor of the ten newcomers. There are also other changes in the M-Dax. New entries are: the radio mast operator Vantage Towers, which is majority owned by Vodafone, the recycling company Befesa, the mechanical engineering group Jungheinrich, the financial service provider Hypoport and the online pet food retailer Zooplus. To do this, Hochtief, Morphosys, Encavis, Shop-Apotheke and Nordex have to get off.Keywords: