Grenke to Replace Wacker Chemie on MDAX Index on June 24
June 06 2019 - 5:53AM
Dow Jones News
By Patrick Costello
Deutsche Boerse AG (DB1.XE) said Wednesday that shares of the
German financial-services provider Grenke AG (GLJ.XE) will join the
MDAX trading index as of June 24, replacing shares of chemical
maker Wacker Chemie AG (WCH.XE), as part of a periodic review of
its indices.
Shares of Wacker Chemie will be included in the SDAX index from
June 24, it said.
Medical technology firm Eckert & Ziegler Strahlen- und
Medizintechnik AG (EUZ.XE) will also join the SDAX index, replacing
shares of railway technology company Vossloh AG (VOS.XE).
Deutsche Boerse said the changes are based on the so-called
fast-exit rule, which regulates additions and exclusions to its
equity indices.
The constituents of the DAX and TecDAX indices will remain
unchanged, Deutsche Boerse said. The next scheduled review of the
equity indices will take place on Sept. 4.
Write to Patrick Costello at patrick.costello@dowjones.com.
(END) Dow Jones Newswires
June 06, 2019 05:38 ET (09:38 GMT)
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