There are changes in the German stock index Dax. (archive image)
Because of the inclusion of Porsche AG in the leading index Dax, the sporting goods manufacturer Puma has been relegated to the MDax and is displacing the battery manufacturer Varta, which has been relegated to the SDax small-cap index. This was announced by Deutsche Börse late Monday evening.
As a result, the online fashion retailer About You falls out of the SDax. In addition, Deutsche Wohnen, which is currently still listed in the MDax, and the bioethanol manufacturer Verbio, which is listed in the SDax, will swap places. The changes will take effect on Monday, December 19. They are important for funds that track indices. You then have to redeploy accordingly.
With the chip manufacturer Elmos Semiconductor and the subsidiary of the US telecom supplier Adtran, Adva (Optical), there are also two climbers in the SDax. In return, the real estate developer Instone and the special pharmaceuticals provider and wholesaler Medios will be removed from the small-cap index. Aside from Adva and Medios, pundits had largely anticipated the changes in the indices.