The Dax for the first time could get a member who makes no business any more in Germany: Delivery Hero. The 2011-founded food delivery service is on the on Wednesday published the rank list of the German stock exchange, the first alternate candidate, if in the course of the month a place in the Dax is free. This Time is of particular importance, because the Dax before the end of the Bavarian payment processor Wirecard immediately. The survey of market participants by the German stock exchange, and, in the future with companies with insolvency request is to be handled, ends this Friday.
Daniel Mohr
editor in the economy of the Frankfurt General Sunday newspaper.
F. A. Z.
the evaluation of The expressions of opinion – it is understood that a 90-private investors – is until next week. Should be a clear majority for a withdrawal of companies from the Dax, which have filed for bankruptcy, then that will be anchored within a week and immediately applied. In the result, Wirecard could probably then the 21. August have to leave the Dax.
ranking decides on Wirecard-succession
it Comes so, what is to be expected, because all the other major index operators of companies with insolvency to exclude the request immediately, then the newly published rank list is used to decide on the succession. At least rank 35 in the exchange value of the freely tradable shares is required to be able to in the Dax come from. The eight companies, which are not yet in the Dax: The aircraft manufacturer Airbus are currently in ninth place, the flavors manufacturer Symrise (25), Delivery Hero (27), the Online fashion retailer Zalando (28), the laboratory equipment supplier Sartorius (29), the biotechnology group Qiagen (31), the Hannover reinsurance (33) and LEG Immobilien (34).
the Second criterion is, however, how actively the shares of the company traded. Here, too, rank 35 is at least necessary. The shares in the stock market value ahead of Airbus, and Symrise do not have a sufficiently high trading volumes. The Paris-traded Airbus share in Frankfurt only ranked 48 in the trade of sales, Symrise is ranked 38. Here Delivery Hero stands out, the shares of which are, in particular, acted since the onset of the Corona of a pandemic to be very active. In the December ranking list Delivery Hero trade turnover came to only rank 49. It is now ranked 33, even though average annual values are used. Among the Dax-listed candidates only Qiagen fulfilled also the second ascent criterion with a ranking of 34 in the trade turnover. Since Delivery Hero has a higher market value, the delivery service ahead of.