EFor the first time, the price list of the German stock index will have 40 instead of 30 serial numbers on September 20.
The Franco-German aircraft manufacturer Airbus is by far the most important climber in terms of market value in the first German stock market league. Also moving up in the Dax: the chemicals dealer Brenntag, the cooking box supplier Hellofresh, the holding company Porsche, the sporting goods manufacturer Puma, the biotechnology and diagnostics company Qiagen, the pharmaceutical and laboratory supplier Sartorius, the medical technology group Siemens Healthineers, the flavor and fragrance manufacturer Symrise, the Online fashion retailer Zalando.
Deutsche Börse decided to enlarge the Dax last November. In return, the MDax of the medium-sized values shrinks from 60 to 50 companies. Only profitable companies should be included in the Dax. In addition, corporations that do not comply with their obligation to publish interim reports on time should not have lost anything in the leading index.
By tightening the rules for the Dax family, the stock exchange is reacting to the Wirecard accounting scandal. The payment service provider was able to stay in the Dax for months, despite billions in air bookings that were exposed in the summer of 2020, because the previous rules did not allow it to be expelled from the leading index quickly.