Siemens Energy is likely to oust Hellofresh from the Dax

Frankfurt Hardly any other company had such a high soaring this year as the armaments group Rheinmetall. The stock is up almost 80 percent since January, most of it since the start of the Ukraine war in February.

Since the beginning of August, however, the Rheinmetall share has lost almost 20 percent. That should now deprive you of the hoped-for promotion to the Dax.

Instead, according to calculations by the Stifel Europe Bank, the energy technology company Siemens Energy will be included in the Dax of the 40 largest German companies. Three Siemens companies would then be represented in the Dax again: the conglomerate Siemens itself, its medical technology subsidiary Siemens Healthineers and Siemens Energy.

In all likelihood, Hellofresh will have to make way for Siemens Energy. The share of the recipe box mailer has lost almost two thirds of its value this year, between August 4th and 31st it was around 20 percent.