From September 18 United Internet replaces Krones in the MDAX, makes way for thyssenkrupp nucera in the SDAX. IONOS replaces Basler in the SDAX. Energiekontor repalces Eckert & Ziegler in the TecDAX.
6 September 2023. FRANKFURT (Deutsche Börse). STOXX Ltd, Deutsche Börse's global index subsidiary, has announced unscheduled changes in DAX and STOXX indices.
According to the rule book, Regular Exit, Regular Entry, Fast Exit and Fast Entry criteria will be applied at the scheduled review in September. The changes are as follows:
MDAX
Addition | Deletion |
United Internet AG | Krones AG |
SDAX
Addition | Deletion |
thyssenkrupp nucera AG & Co. KGaA | United Internet AG |
IONOS Group SE | Basler AG |
TecDAX
Addition | Deletion |
Energiekontor AG | Eckert & Ziegler Strahlen- und Medizintechnik AG |
DAX, MDAX, SDAX and TecDAX represent the largest companies (by free float market capitalization) on the Regulated Market of Frankfurt Stock Exchange, which meet the basic criteria as defined in the rule book. The indices are reviewed every three months.
The next scheduled index review of the DAX index family is 5 December 2023.