The German benchmark index is expanded to 40 companies as of September 20. This marks the completion of the biggest index reform in the history of the DAX. There are also a number of changes for the MDAX, SDAX and TecDAX.
4 September 2021. FRANKFURT (Deutsche Börse). STOXX, the global index subsidiary of Deutsche Börse, has announced the new composition of the DAX index family.
The German benchmark index DAX will be increased to 40 stocks, while at the same time the MDAX will be reduced from 60 to 50 members.
Changes in the DAX
These ten companies are moving from the MDAX to the DAX. None will leave the leading index.
Changes in the MDAX
Vantage Towers AG, Befesa SA, zooplus AG, Hypoport SE, Jungheinrich AG move from the SDAX to the MDAX.
Hochtief AG, MorphoSys AG, Encavis AG, Nordex SE and Shop Apotheke Europe move to the SDAX.
Changes in the SDAX
New to the SDAX, in addition to the MDAX stocks mentioned above, are Suse S.A., Synlab AG, About You Holding AG, secunet Security Networks AG, PVA TePla AG and Sto SE & Co. KGaA, which were not previously in a selection index.
On the other hand, Suess Microtec SE, Borussia Dortmund GmbH & Co. KGaA , Vossloh AG, Medios AG, ElringKlinger AG and Hamburger Hafen und Logistik AG leave the smallcap index.
Changes in the TecDAX
Vantage Towers AG and Suse S.A. Deletions come for LPKF Laser & Electronics AG and Drägerwerk AG & Co. KGaA Vz in the technology index.
Background to the reform
The expansion of the DAX marks the conclusion of a comprehensive reform process that began in the summer of 2020. Several new rules have been gradually introduced over the past nine months:
Since December 2020, DAX candidates have had to show positive EBITDA in their last two annual financial statements.
Since March 2021
Since September 2021
September 4, 2021, © Deutsche Börse AG