Scale market report: record chase continues

Not only the DAX is rushing from all-time high to all-time high. The Scale All Share has also just climbed to a new historic high. The drivers come from very different sectors.

16. August 2021. FRANKFURT (Börse Frankfurt). The small companies are leaving the big ones far behind: the Scale All Share index for small and medium-sized companies has risen by 32 percent since the beginning of the year, while the DAX has "only" risen by just under 16 percent. On Friday, the Scale All Share had climbed to a new all-time high of 1,939 points, and on Monday afternoon it was barely below this at 1,931 points. The Scale 30 selection index is currently trading at 1,765 points, more significantly below its record high of 1,816 in July. The Scale segment, which after a good start following its establishment in March 2017 has also experienced more difficult times, has thus turned into a real success story in terms of price performance.  

Only six of the 47 scale companies are still making losses at all on a twelve-month horizon. However, developments continue to diverge widely, ranging from a six-fold increase in the share price, as in the case of Ernst Russ, to a small gain of 0.5 percent, as in the case of Noratis, a residential construction company. Clear winners and losers cannot be identified.

Ernst Russ as the price leader

The top five on a twelve-month view are the same as a month ago: The investment company Ernst Russ AG (DE000A161077) which specializes in ships, is followed by the eco-fund provider Ökoworld (DE0005408686), the manufacturer of battery components IBU-tec advanced materials (DE000A0XYHT5), the investment company Media and Games Invest (MT0000580101) and the asset manager MPC Münchmeyer Petersen Capital (DE000A1TNWJ4).

Ökoworld benefits from the boom in green investments

While the Ernst Russ share has been trending somewhat weaker since July, Ökoworld has continued to climb - and quite sharply. The shares of the company, one of the first fund companies in Germany to focus on sustainability, are now trading at 115.50 euros, compared with 37 euros at the end of 2020 and just 18.60 euros a year ago. This has to do with the growing demand for sustainable investments, from which the pioneer is now finally benefiting massively. Already in 2020, Ökoworld recorded a continuous increase in assets under management across its range of funds. In the first half of the year, this continued. As the company reports, assets under management stood at 3.4 billion euros at the end of June, an increase of 85 percent compared to June 2020.