Logos of VW, Siemens Energie, Mercedes and Fresenius
The Dax is becoming increasingly familiar.
(Photo: Imago (3), dpa, AP)
The sports car manufacturer Porsche is also in the fast lane on the stock market. Since the IPO at the end of September, the share has gained more than 21 percent, almost twice as much as the Dax of the 40 largest companies. In all likelihood, Porsche will be included in the leading German index in December, when Deutsche Börse has decided on the composition of its indices on a quarterly basis.
Tom Koula, index expert at Stifel Europe Bank, is convinced: “Porsche AG’s promotion to the Dax can hardly be denied.” But the inclusion of the Volkswagen subsidiary Porsche AG will not make the Dax any more diverse. On the contrary – this is strengthening a trend: The Dax is dominated by fewer and fewer names.
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