Dax farewell is a blow for the Frankfurt Stock Exchange

Frankfurt, Munich Four years after the merger with its competitor Praxair, the American-German industrial gases group Linde wants to say goodbye to the Frankfurt stock market and concentrate on the listing in New York. The Deutsche Börse is threatened with the loss of the most valuable member in its leading index Dax.

However, the planned withdrawal is also bad news for the entire financial center of Frankfurt. Current data shows that the importance of the Main metropolis as an international financial center is steadily declining. Although Frankfurt is still considered one of the winners of Brexit, Paris is threatening to overtake the German banking capital, especially in the securities business.