Index Monitor: As expected, Daimler Truck and Hannover Re are included in Dax | 3/3/22

ZUG (dpa-AFX) – Daimler Truck takes off in the Dax family (DAX 40): The truck manufacturer, which split from the previous Daimler group, managed to make the leap in MDAX less than two months after its initial launch. existing. Now comes the inclusion in Germany’s most popular stock index, the Dax. This will take place on March 21, index provider Qontigo, which is affiliated with Deutsche Börse, announced late Thursday night. Experts had expected this decision.

It’s also unsurprising that insurance company Hannover Re has been upgraded to DAX. As expected, consumer goods group Beiersdorf also has to give way. However, the descent of the energy company Siemens Energy to MDax was not expected by all experts.

In addition, three more companies will soon be included in the index of mid-size stocks that were previously low in one league on SDAX. This is the media group RTL, car rental company Sixt (Sixt SE St) and wafer manufacturer Siltronic. Special software provider Compugroup (CompuGroup Medical SECo), Hella (HELLA GmbHCo), which belongs to auto supplier Faurecia, and auto dealer AUTO1 should make room for this.

IT service provider Adesso, which will move to SDax, will be new to the Dax family soon. The online fashion retailer Global Fashion Group (GFG) has to vacate its place.

Index changes are especially important for funds that replicate indices in real terms (virtually copying ETFs). It must then be converted and re-weighted accordingly, which could have an impact on stock prices