Deutsche Boerse (PC) (USOTC:DBOEF)
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1 Month : From Jun 2019 to Jul 2019
By Max Bernhard
German container-shipping company Hapag-Lloyd AG (HLAG.XE) will be deleted from Germany's SDAX index for small caps, the operator of the Frankfurt Stock Exchange said late Wednesday.
Deutsche Boerse AG (DB1.XE) said the free float of Hapag-Lloyd decreased to 8.7% from 10.6%, which is below the index's base criteria for a minimum float of 10%.
Hapag-Lloyd shares will be deleted from the SDAX as of June 24 and will be replaced by DMG Mori AG (GIL.XE), which produces cutting machine tools.
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(END) Dow Jones Newswires
June 20, 2019 01:43 ET (05:43 GMT)
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