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Deutsche Börse reviews index composition/ Changes to be effective as of 18 September 2017
On Tuesday, Deutsche Börse announced changes to its selection indices, which will become effective on 18 September 2017. The shares of METRO AG and Grand City Properties S.A. will be included in the MDAX index, which tracks the 50 largest and most liquid companies that follow DAX, and will replace the shares of Bilfinger SE and Rational AG. The inclusion of METRO AG, a spin-off from METRO Group in July 2017, is based on the fast entry rule; the company is eligible for the index inclusion due to its market capitalisation and order book turnover. Grand City Properties S.A. will replace Rational AG based on the regular exit rule; the shares of Rational AG no longer fulfill the turnover requirement to remain in the MDAX index.
The following changes will therefore apply for the SDAX index: Due to the move from MDAX, the shares of Bilfinger SE and Rational AG will be included in SDAX. In addition, the shares of Aroundtown Property Holdings plc and Delivery Hero AG will enter the SDAX index. The shares of WCM Beteiligungs- und Grundbesitz-AG, Amadeus Fire AG and BayWa AG will be deleted from the index as well as Grand City Properties S.A., which will move to MDAX. The SDAX index tracks the 50 next biggest and most actively traded companies after the MDAX.
The constituents of the DAX and TecDAX indices remain unchanged.
The next scheduled index review is 5 December 2017.