Wirecard to be Replaced by LPKF Laser & Electronics on TecDAX
By Olivia Bugault
Deutsche Boerse AG said late Wednesday that insolvent Wirecard
AG will replaced by developer of laser systems LPKF Laser &
Electronics AG on the TecDAX index, a list of the 30 largest public
German technology companies.
The German stock-exchange operator also said that technology
company Aixtron SE will enter the MDAX which is the index that
tracks the performance of the 60 largest companies following the
DAX stocks, excluding technology companies.
Meanwhile the DIY-store chain Hornbach-Baumarkt-AG will be
listed on the SDAX--an index that entails 70 German companies
ranking directly below the MDAX in terms of market capitalization
and trading volume.
All the changes will take effect on Aug. 24, the German
stock-exchange operator said.
Write to Olivia Bugault at firstname.lastname@example.org
(END) Dow Jones Newswires
August 20, 2020 03:20 ET (07:20 GMT)
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