Cosmetic products were in high demand in the first quarter.
(Photo: Bloomberg)
Frankfurt The cosmetics group Beiersdorf will probably celebrate its comeback in the Dax. In return, the food delivery service Delivery Hero will probably have to leave the leading German index. If it happens as analysts expect, this will currently remain the only change in the top stock market league.
Deutsche Börse will announce the final results of the quarterly index review this Friday after 10 p.m. The changes will then be implemented on June 20th.
The market value of the freely traded shares in free float is decisive for the place in an index. This is about the average market capitalization of the past 20 trading days of the previous month.
Shares of more than five percent held by a major investor are not included in the free float. Since things can change quickly here, the analysts’ estimates in the run-up to an index decision should still be viewed with reservations.
Beiersdorf has had several ups and downs
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue