Since Salzgitter rankes 22nd in terms of market capitalization and stock-exchange turnover the equity will be replaced in DAX. Indices MDAX and SDAX are also adjusted….
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On Friday, Deutsche Börse has decided on changes in its equity indices: HeidelbergCement will be included in DAX® and will replace Salzgitter. The inclusion was triggered by the so-called Fast Entry rule. The company ranked 22nd both in terms of market capitalization and stock-exchange turnover.
Salzgitter will be included in MDAX®. In addition Kabel Deutschland and Brenntag will replace Pfleiderer and MLP in MDAX. Pfleiderer, MLP as well as Tom Tailor will be included in SDAX®. VBH, Villeroy & Boch and Dyckeroff will leave the index accordingly.
All changes will take effect on 21 June 2010.
Source: ETFWorld – Deutsche Börse AG
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