Gains from Porsche to offset VW's weighting loss

Newswire

FRANKFURT, Sept 29 (Reuters) - Volkswagen's weighting in Germany's blue-chip DAX index is set to fall due to Porsche's acquisition of a stake in the company, but analysts say the longer term impact on the shares will be positive. A reduced weighting in the DAX will prompt many tracker funds to sell the VW stock and adjust their portfolios to match the new weighting. But the expected selling pressure would be outweighed by a closer cooperation between the two German carmakers which will ...

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