Salzgitter, Beiersdorf to join Germany's DAX index

Newswire

FRANKFURT, Dec 3 (Reuters) - Steel maker Salzgitter and consumer goods maker Beiersdorf will join Germany's top-30 stock market index, the DAX , Frankfurt stock market Deutsche Boerse said.

Salzgitter and Beiersdorf replace automotive parts and tyre maker Continental and property financier Hypo Real Estate , Deutsche Boerse said in a statement on Wednesday.

The changes, which are important in particular for index-tracking equities funds, take effect on Dec. 22. The ...

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