Deutsche Boerse proposes expanding DAX to 40 companies

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

The number of companies included in Germany's blue-chip DAX index should rise to 40 from 30 and there should be tougher conditions for ...

The number of companies included in Germany's blue-chip DAX index should rise to 40 from 30 and there should be tougher conditions for membership, exchange operator Deutsche Boerse said on Monday.

In a set of proposals outlining reforms to Germany's leading index, which are being put forward to investors in a consultation, Deutsche Boerse also suggested reducing the number of constituents in the mid-cap index to 50 from 60."It is no secret that I personally would welcome the expansion of the DAX 30 to a DAX 40," Chief Executive Theodor Weimer said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Virtual internships with overseas companies help students gain exposure but come with new challenges
Source: TODAYonline - 🏆 1. / 99 Read more »