Home » today » Business » Zalando to Remain in the Leading German Share Index Dax

Zalando to Remain in the Leading German Share Index Dax

Zalando will continue to belong to the leading German share index Dax. Occasional scattered expectations that Deutsche Lufthansa would return from the M-Dax to the Dax after a good three years in second place were not fulfilled, as can be seen from the announcement by Deutsche Börse late Tuesday evening. At just under ten billion euros, Lufthansa is worth much more on the stock exchange than the Dax value Zalando with 7.3 billion euros and also more than three other Dax values: Porsche Holding (7.5), Qiagen and Covestro (each 9.3).

The wording that the Dax contains the 40 most valuable German companies is wrong. The value of non-listed large companies such as Bosch, Aldi or Bertelsmann is not so easy to determine. However, the Dax does not even include the 40 most valuable German companies listed on the stock exchange. Then Lufthansa would have to be in the Dax, but the insurer Talanx (market value 16 billion euros), the shipping company Hapag-Lloyd (34 billion euros), the biotech group Biontech (27 billion euros) and ten other companies would then rather be in the index than Zalando or Porsche Holding with around 38 employees.

2023-09-07 13:34:42
#Dax #valuable #companies #Germany

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.