German Manager Magazin: Porsche AG and Sartorius Fly from Dax, Deutz and Scout24 are at004395

The Porsche AG flies out of the DAX. This was announced by the Deutsche Börse subsidiary ISS Stoxx on Wednesday evening. In addition, the laboratory supplier also separates Sartorius from the index of the 40 most important stock market values, which he has been a member for four years.

For the two values, the plant manufacturer Gea and the Operator of the real estate portal “Immoscout24” 

, Scout24, after. For both it is the first DAX climb. The changes will be effective on September 22nd.

While the descent of Sartorius and Gea’s rise had been emerging for a few weeks, Porsche AG was able to hope to stay in the DAX until the last Börsentag in August. Analysts had estimated the chance to 50:50 in advance.

Almost half of the value since the IPO lost

But the Porsche share lost almost half of its value compared to the issue price of September 2022. Also the Porsche SE, that of the Families Porsche and Piech dominated major shareholder of Volkswagen And his sports car subsidiary Porsche AG, was long considered a relegation candidate, but the share was still in the final sprint.

They are the first changes in the DAX this year. At the end of December, the plastic group Covestro flew from the index after its takeover by the Oil Group Adnoc and replaced by Fresenius Medical Care. The last regular Dax newcomer was the Rheinmetall armaments group around two and a half years ago.

Changes also in the MDAX and SDAX

There are also changes in the MDAX and SDAX. In addition to the relegations Porsche AG and Sartorius, the Hamburg glasses branchist Fielmann is also new in the MDAX secondary index.

Evotec descends into the small value index SDAX, in which the internet and mobile operator 1 & 1, which was only eliminated in July, returns. For 1 & 1, the carbon fiber specialist SGL Carbon has to give way.

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