Before Christmas, with the Volkswagen-Daughter Porsche AG added another car manufacturer to the Dax. There are also some changes in the MDax and SDax. Because of the inclusion of Porsche AG in the leading index Dax, the sporting goods manufacturer is rising puma into the MDax, displacing the battery manufacturer Varta, which is relegated to the SDax small-cap index. That shared the German Stock Exchange late Monday evening.
As a result, the online fashion retailer About You falls out of the SDax. In addition, the currently listed in the MDax German living and the bioethanol manufacturer Verbio, which is listed in the SDax, swap places.
The changes will take effect on Monday 19 December. 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.