Reviews Volkswagen, Zalando and more: These companies could move up to the Dax 40

15:55  25 november  2020
15:55  25 november  2020 Source:   t3n.de

Diesel scandal: Public prosecutor's office is bringing charges against eight other VW managers

 Diesel scandal: Public prosecutor's office is bringing charges against eight other VW managers © Bloomberg A total of 19 mostly former VW managers have now been charged. 19 executives are now accused - with damage of up to 77.9 billion euros. Defense lawyers raise massive allegations against the Braunschweig public prosecutors In the legal processing of the diesel scandal at Volkswagen, the Braunschweig public prosecutor brought a third charge: eight former managers of the car manufacturer, some of whom were high-ranking, are accused.

Germany’s DAX index plans its most sweeping overhaul since its inception Index operator Qontigo will boost the number of DAX members to 40 from 30 in the third quarter of next “Due to the fact that small companies will join the DAX the weights of the bigger ones won’t change much and cluster

FRANKFURT (Reuters) - Germany's blue-chip DAX index will expand to 40 from the current 30 companies with tougher Since its founding in 1988, the DAX has been Germany's answer to the Dow Jones Industrial Average in Even negative opinions can be framed positively and diplomatically.

After the Wirecard scandal, Deutsche Börse is giving the Dax new rules. The most visible change: The Dax is increased from 30 to 40 values. A look at the contenders for the Dax 40.

Deutsche Börse macht Leitindex zu Dax 40. © Deutsche Börse Deutsche Börse turns the leading index into Dax 40.

The Dax reform that is pending after the bankruptcy of the payment service provider Wirecard is in the starting blocks. On Tuesday evening, Deutsche Börse announced the new rules for the index. Accordingly, Dax candidates must in future have an operating profit before they are included in the German share index. If that had already been the case in late summer, Delivery Hero would not have been able to be included as the Wirecard successor , as the world writes .

e-cars without an alternative: VW calls for a move away from e-fuels and hydrogen

 e-cars without an alternative: VW calls for a move away from e-fuels and hydrogen Volkswagen is clearly positioning itself against the use of hydrogen and so-called e-fuels in private transport and is demanding legal requirements for e-mobility. © Volkswagen AG Volkswagen ID-4: VW puts everything on one card, the BEV. In a confidential statement by the Volkswagen Group to the Federal Environment Ministry, VW takes an explosive position that is contrary to that of the Association of the German Automobile Industry (VDA) and that of competitors such as BMW.

Zalando (DE:ZALG) shares rose 5.5% to their highest since February after the company said that, actually Zalando said its customers had doubled their purchases of sportswear from a year earlier, specifically The bifurcation has sharpened this week as Zalando , Boohoo and Asos (LON:ASOS)

This DAX 30 index was designed by Frank Mella, an editor for Börsen-Zeitung who was entrusted with the task of developing a German stock index of Therefore, if we see a past pattern being repeated, technical traders would assume that the asset's price would move in a similar way to the way it did

Wirecard debacle forces Dax reform

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According to the new rules, companies can also be thrown out of the Dax after a 30-day period from March 2021 if annual reports and quarterly reports are not published on time. That is also a lesson from the Wirecard debacle. After all, Wirecard was part of the leading German index for many weeks, even though the company had already filed for bankruptcy. In addition, the composition of the Dax is to be discussed twice a year. The only criteria that are then decisive are market capitalization and minimum liquidity.

The largest companies from the M-Dax are among the companies that can hope to be promoted to the Dax 40. The top 10 by market capitalization include Airbus, Symrise, Zalando, Sartorius, Qiagen, LEG Immobilien, Brenntag, Hannover Re, Scout24 and Puma. Airbus could fail: The headquarters of the group is not in Germany, the share handles its main sales in Paris. Sartorius, on the other hand, should be successful. The pharmaceutical supplier from Göttingen has long been considered a DAX candidate.

Hot candidates for the Dax 40

With Zalando, Scout24 and Teamviewer, three IT companies could also be included in the Dax 40. In addition, Hellofresh is an online company. The Kochboxversender is one of the biggest winners of the corona crisis and according to boerse.ard.de is already valued at 8.4 billion euros. Hellofresh is currently worth twice as much as Lufthansa. ARD also counts the software companies Bechtle and Nemetschek among the hot candidates for the Dax 40. While the Dax rises to 40 values, the M-Dax shrinks from 60 to 50 - and will lose around a third of its market value.

Volkswagen with sales jump in the USA .
Volkswagen significantly increased its sales on the US market in the fourth quarter, but overall the 2020 corona crisis resulted in a significant decline. © picture alliance / Friso Gentsch / dpa Volkswagen was able to increase its sales on the US market in the fourth quarter. In the three months to the end of December, the company brought 94,330 cars with the VW logo to customers on Tuesday, eleven percent more than in the same period last year.

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