On the M -Dax : Springer Verlag rises. Source: AP
HB FRANKFURT. Medigene is facing relegation to the third from the TecDAX . The biotech company is the German technology index , 20 September to leave as the German stock exchange announced on Friday evening. Substitutes is Adva Optical. The network equipment was 2006-2008 before a member of the TecDAX .
exchange their places of civil engineering specialist builder and the publishing house Axel Springer. Springer takes in Cap Index MDax the place of farmers who descend into the SDax. There is another change : the stock market , where Bauer meets newcomer Ströer. The specialist for outdoor advertising devices replaced the TV manufacturer Loewe from the small value index.
The benchmark index Dax there are no changes. Here until the end of June had replaced the building materials company , HeidelbergCement the steel maker Salzgitter.
For the composition of the indices on the German stock market are two criteria: the market capitalization of the free float and trading volume of a stock. On 3 December is at the next review of the indices.