ProSieben rises in Dax – K + S must vacate space – Reuters Germany

Frankfurt with ProSiebenSat.1 first rises to a media company in the DAX.

The transmitter chain take over the place of K + S, the German stock exchange said on Thursday. The fertilizer company was since 2008 in the German index. ProSieben CEO Thomas Ebeling was pleased about the rise of his company. “We see the rise as an appreciation of our work in recent years and as an incentive to pursue our diversified growth strategy successfully in the future,” he said in a statement of the Group. The change will take effect March 21.

It is the second change in Dax within six months. In September, the agency Vonovia rose. Prior to the Dax remained unchanged for three years. Early 90s only moved in the first stock exchange league over an even longer period of time nothing.

With ProSieben and Vonovia the Dax is colorful. Still further characterize industrial companies index. In addition to BMW, Daimler and Volkswagen, Siemens is part of the identity of the persons on 01 July 1988 without interruption part since the introduction of Dax. The composition is reviewed regularly. Criteria are about the trading volume and market capitalization.

POCO MOTHER ENTERS MDAX oN – WÜSTENROT NUN iN SDAX

to relegated K + S are joined in the second-line index MDAX the furniture retailer Steinhoff – represent the Poco-markets – and the real estate company alstria. They displace the steel trader Kloeckner and the automotive supplier ElringKlinger. Steinhoff was changed by the Exchange in Johannesburg to Frankfurt in December.

At the same fall of financial services company MLP, Sixt Leasing, Hornbach Baumarkt and the transport industry supplier Schaltbau from the small caps index SDAX out. Newcomers are the financial group Wüstenrot & amp; Württembergische, the shipping company Hapag-Lloyd and the carwash Bauer Washtec. In TecDAX the German stock exchange swaps the telecom provider QSC and the high-tech company LPKF Laser & amp; Electronics to the 3D printer vendors SLM Solutions and semiconductor experts Süss MicroTec out.

The SDax Member Schaeffler has to deal with the anticipated rise in MDax be patient. An opportunity opened up, according to stockbrokers [nL8N1652AT] through the proposed acquisition of Wincor Nixdorf by US rival Diebold. Case of ATM manufacturers from the index out whether the auto parts supplier the hottest promotion candidate.