Following the detection of billions dollars irregularities in the accounting records of the German Fintech giant Wirecard, many stones have moved in the German Stock Exchanges. Delivery Hero replaced Wirecard, which was removed from the DAX 30, where the top 30 companies operating in Germany are traded. However, this was the first step of the change process and it was announced that the change process that started in the stock exchanges will continue with the increase in the number of companies in DAX 30. It has been declared that 10 more companies will be added to the DAX 30 index and the index will be dax 40. Now many people are wondering Which 10 companies will participate in DAX 30?
Which 10 companies will participate in DAX 30?
As it is known, DAX 30 is the stock exchange where the shares of the 30 largest companies operating in Germany are traded. In line with the decision taken, 10 companies to be added to the DAX 30 will be from the MDAX index, which is the index of medium-sized companies. Currently, the MDAX index consists of 60 companies. With the transition of 10 companies from the MDAX Index to DAX, there will be 40 companies in DAX and 50 companies in MDAX. In the statement made, it was stated that adding 10 new companies to MDAX instead of 10 companies that will switch from MDAX to DAX is not considered at this stage. You can browse here for Belgium Brussels Stock Exchange BEL20 companies.
Which are the 60 companies in the MDAX 60 index?
The 10 companies that will start to be traded on the DAX Index will be among the following 60 companies currently on MDAX.
|Aareal Bank AG||Bank|
|Airbus SE||Aerospace, depence|
|Aixtron SE||Semiconductor industry|
|alstria office REIT-AG||Real Estate|
|Aroundtown S.A.||Real estate|
|Bechtle AG||IT Services|
|Brenntag AG||Chemical distribution|
|Cancom SE||IT Services|
|Carl Zeiss Meditec AG||Medical technology|
|CompuGroup Medical SE||Software|
|CTS Eventim AG & Co. KGaA||Leisure activities|
|Deutsche Lufthansa AG||Airlines|
|Dürr AG||Plant and machine building|
|Evonik Industries AG||Chemistry|
|Fraport AG||Airport Operator|
|Fuchs Petrolub SE||Chemistry|
|GEA Group AG||Machine|
|Grand City Properties S.A.||Real Estate|
|Hannover Rückversicherung AG||Reasürans|
|HELLA GmbH & Co. KGaA||Otomotive|
|HelloFresh SE||Dinner Set|
|Hugo Boss AG||Clothing|
|K+S AG||Mining (fertilizer and salt)|
|Kion Group AG||Transport|
|LEG Immobilien AG||Real Estate|
|OSRAM Licht AG||Lighting|
|ProSiebenSat.1 Media SE||Media|
|Puma SE||Sports Equipment|
|Rocket Internet SE||Venture Capital|
|RTL Group SA||Media|
|Sartorius AG||Medicine and Lab Equipments|
|Scout24 AG||Online Market|
|Siemens Healthineers AG||Medical technology|
|Siltronic AG||Semiconductor industry|
|Ströer SE & Co. KGaA||Media, out of home advertising|
|TAG Immobilien AG||Real Estate|
|Telefónica Deutschland Holding AG||Telecommunication|
|Uniper SE||Electrical services|
|United Internet AG||Telecommunication|
|Varta AG||Electrical equipment|
|Zalando SE||Online retailing|
Which 10 companies to choose for the DAX 30?
In the evaluation to be made for the 60 MDAX companies listed above, it has been declared that the companies that will be accepted to DAX and will be included in the DAX 40 will consider the following criteria.
- Timely disclosure of financial reports
- Demonstrable profitability
- Disclosure of operating profit in the last 2 financial reports
- Audited reporting for each quarter
- Audit committee
- Annual audited financial statements
Econommist Ergün Unutmaz made predictions for 10 companies to be selected for DAX 30. The estimated company list of Unutmaz is as follows.
- Airbus – AIR
- Siemens Healthineers – SHL
- Sartorius vz. – SRT
- Knorr- Bremse – KBX
- Puma – PUM
- Evonik – EVK
- Carl Zeiss Meditec – AFX
- Brenntag – BNR
- Qiagen – QIA
- Bechtle – BC8
Germany Stock Exchange official website: https://www.deutsche-boerse.com/dbg-en/