Frankfurt On June 19, the Hamburg biotech company Evotec will be included in the MDax of Germany’s 50 largest small caps. In addition, Software AG, the special packaging and filling system manufacturer Krones and the shop Apotheke will be included in the second-tier index. Deutsche Börse announced this late Monday evening as a result of the regular review of its indices.
There are no changes in the leading German index Dax. However, the MDax promotions entail further changes. The changes are particularly important for exchange-traded funds (ETFs) that track indices. You must follow the changes.
In the MDax, the glass fiber specialist Adtran Holdings, the real estate company Aroundtown, the mobile phone company United Internet and the wafer manufacturer Siltronic give way to the climbers. In the future, they will be listed in the small-cap index SDax, which comprises 70 companies. There, in turn, the real estate company Dic Asset Management has to make room and will no longer be found in any index in the future.
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