(Corrected grammatical error in first paragraph of March 3 story)
ZUG (dpa-AFX) – The armaments group and automotive supplier Rheinmetall is included in the first stock exchange league thanks to a significantly increased rating on the stock market. Since the beginning of Russia’s war of aggression against Ukraine, the company’s share price has increased by about one and a half times. The dialysis specialist FMC (Fresenius Medical Care), which can be found in the MDAX, the index of medium-sized stocks, has to vacate its place in the Dax (DAX 40). Both had been expected by experts.
With the armaments group HENSOLDT, which has been promoted from the SDAX index of smaller stocks to the MDax, another armaments group is benefiting from the turning point. With him, the technology company JENOPTIK will move up a league, as the index provider Qontigo announced late Friday evening in Zug.
The biofuel manufacturer Verbio (VERBIO Vereinigte BioEnergie) and Software AG (Software) have to vacate their places and are relegated to the SDax, the index of smaller stocks. The insurer Wüstenrot & Württembergische (WüstenrotWürttembergische) (Wüstenrot & Württembergische) (WüstenrotWürttembergische) is also included there, for which Südzucker subsidiary and bioethanol producer CropEnergies has to leave the index.
Index changes are particularly important for funds that replicate indices in real terms (physically replicating ETFs). There must then be shifted and reweighted accordingly, which can have an impact on share prices./he/mis
Leverage must be between 2 and 20
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