Knorr-Bremse and Dialog Semiconductor to Enter MDAX Index March 18
06 März 2019 - 8:53AM
Dow Jones News
By Patrick Costello
Deutsche Boerse (DB1.XE) said late Tuesday that shares of
Knorr-Bremse AG (KBX.XE) and Dialog Semiconductor (DLG.XE) will be
included in the MDAX trading index effective March 18 as part of a
wider review of the mid-cap MDAX and small-cap SDAX indices.
Shares of braking-systems supplier Knorr-Bremse will replace
shares of steelmaker Salzgitter AG (SZG.XE), which will move into
the SDAX index based on the fast-exit rule, the German stock
exchange operator said.
Frankfurt-listed chip maker Dialog Semiconductor will be added
to the MDAX according to the fast-entry rule, replacing shares of
auto supplier Schaeffler AG (SHA.XE). Schaeffler will also move
into the SDAX, Deutsche Boerse said.
The DAX and TecDAX indices will remain unchanged. The next
scheduled review of Deutsche Boerse's equity indices will take
place on June 5, it said.
Write to Patrick Costello at patrick.costello@dowjones.com.
(END) Dow Jones Newswires
March 06, 2019 02:38 ET (07:38 GMT)
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