MTU to replace Beru in Germany's MDAX-analysts

Newswire

FRANKFURT, Aug 30 (Reuters) - German aircraft engines maker MTU Aero Engines is set to replace car supplier Beru in Germany's mid-cap index, while navigations systems firm Tele Atlas could enter the TecDAX, analysts said.

"You can assume that MTU will enter the MDAX ," said HVB index analyst Christian Stocker, adding that its market value and trading volumes qualified it for Germany's second-largest stock market index.

"Beru's time in the MDAX seems to be over finally," ...

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