German DAX Expands From 30 to 40 Members - 20.09.2021
Dear Clients,
By the decision of the Deutsche Börse, as of 20th of September 2021, DAX - German flagship index listing, will be expanded by 10 new stocks to include 40 companies in total.
With a view to transparency and recognition of current names of instruments, we have decided not to adjust the names of instruments to the new composition of the underlying index.
Bearing in mind the above, the DE30 instrument will not be affected in any way and there will be no adjustments for open positions.
As a result, you do not need to adjust anything, as the change applies only to the composition of the index as a base instrument of our CFDs.
Deutsche Börse's decision assumes adjusting the weights of member companies within the DAX in a way the value of the index remains status quo. Any difference between prices on Friday, September 17th market close and Monday, September 20th opening shall come from market moves and reactions.
Following companies will be included in new DAX index calculation:
Airbus SE
Zalando SE
Siemens Healthineers AG
Symrise AG
HelloFresh SE
Sartorius AG Vz
Porsche Automobil Holding
Brenntag SE
Puma SE
Qiagen N.V.
More information about the upcoming rebalancing of the DAX is available under the following link:
https://qontigo.com/dax-welcomes-ten-new-members/
Rally Team