Commerzbank is Leaving the First Stock Exchange

The Dax founding member has to leave the German leading index on 24 September and will then be replaced by the payment processor Wirecard, as Deutsche stock market announced on Wednesday. The decision had been signed for weeks.

With over 24 billion euros, Wirecard is worth more than twice as much as Commerzbank, which in the future will be listed in the MDAX sub-index. Deutsche Bank has also overtaken the company founded 19 years ago.

Wirecard from Aschheim near Munich, which has so far been listed in the technology index TecDax, benefits from the fact that more and more people are shopping online or paying at the supermarket checkout with their smartphones. The business is booming, the stock rushes from one record high to the next. Since the beginning of the year alone, the share price has more than doubled.

The Commerzbank, on the other hand, accuse experts of oversleeping the digitization trend, the earnings are under pressure due to fierce competition and low interest rates, thousands of jobs are being canceled. Since the beginning of the year, the share has lost a third, on the stock exchange Commerzbank is worth only about ten billion euros.

Commerzbank is losing its attention, especially among international investors, due to the decline in the leading index. Investment funds representing the Dax must sell Commerzbank shares and at the same time acquire Wirecard securities. Commerzbank CEO Martin Zielke was still stressed. “Of course it is not nice that we as a founding member have to leave the leading index, but nothing changes for our customers and our business,” explained Zielke. “At the moment it’s just that the market rates fintechs higher than traditional banks.” This development spurs on Commerzbank to drive the transition to becoming a digital technology company.

In the Dax, the financial sector will include Deutsche Bank as the classic money house, Allianz as the insurance group, Deutsche stock market as the exchange operator, Munich Re as the reinsurer, and Wirecard as the payment service provider.

In parallel with the decision on the future listing of the Dax, Deutsche stock market published the final composition of the reorganized indices below the Dax. Due to the biggest reform of the German stock market landscape for years, the minor value index MDax has been extended by ten to 60 and the small-value index SDax by 20 to 70 members. The technology index TecDax is downgraded to a secondary listing index for the technology stocks from Dax, MDax and SDax.

From the MDax descend the electronics chain Ceconomy, the automotive supplier Leoni, the forklift truck manufacturer Jungheinrich, the advertising and media company Ströer and the insurer Talanx. They belong to the SDax in the future.

These changes will take effect on 24th September. In addition, Deutsche Bank has to step down from the EuroStoxx50, the index for the most important stock market values ​​of the Eurozone.


  • ivermectin Reply

    25 January 2021 at 15:41


  • aurogra 100mg Reply

    26 January 2021 at 01:31

    aurogra 100mg

  • can i buy viagra without a prescription Reply

    26 January 2021 at 18:03

    can i buy viagra without a prescription

  • real wood burning fireplace Troy navigate to this web-site Reply

    27 January 2021 at 07:34

    Wow! This can be one particular of the most helpful blogs We’ve ever arrive across on this subject. Actually Wonderful. I am also a specialist in this topic so I can understand your hard work.

  • Yaeko Venard Reply

    27 January 2021 at 17:31

    Gifted it to my friend and he absolutely loves it!

  • walmart prescription prices Reply

    28 January 2021 at 01:06

    walmart prescription prices

  • 먹튀검증업체 Reply

    28 January 2021 at 03:19

    Hello there, I think your site could possibly be having web browser compatibility issues. When I take a look at your blog in Safari, it looks fine however when opening in IE, it has some overlapping issues. I simply wanted to provide you with a quick heads up! Other than that, excellent blog!

  • basement bathroom plumbing Reply

    28 January 2021 at 13:42

    It’s rare knowledgeable folks with this topic, but the truth is sound like what happens you are talking about! Thanks

  • the plumbing company Reply

    28 January 2021 at 15:24

    We discovered your weblog on the internet and appearance some of the earlier articles. Preserve in the superb run. I simply extra up your Feed in order to my MSN Information Reader. Seeking forward to studying further from you afterwards!?-

  • generic names for cialis and viagra Reply

    28 January 2021 at 16:05

    generic names for cialis and viagra

  • azithromycin side effects Reply

    31 January 2021 at 11:10

    azithromycin side effects

  • visio pro 2016 Reply

    31 January 2021 at 11:34

    I am very happy to read this. This is the kind of manual that needs to be given and not the accidental misinformation that’s at the other blogs. Appreciate your sharing this greatest doc.

  • resource gardening plant Reply

    31 January 2021 at 19:03

    Wonderful blog you have here but I was wanting to know if you knew of any forums that cover the same topics talked about in this article? I’d really love to be a part of online community where I can get opinions from other knowledgeable people that share the same interest. If you have any recommendations, please let me know. Cheers!

  • 메이저사이트 Reply

    01 February 2021 at 02:04

    Hello there! This blog post could not be written much better! Going through this article reminds me of my previous roommate! He constantly kept talking about this. I am going to forward this article to him. Fairly certain he will have a good read. I appreciate you for sharing!

  • 먹튀검증 Reply

    01 February 2021 at 13:03

    Everything is very open with a very clear description of the challenges. It was truly informative. Your site is very useful. Many thanks for sharing!

  • 토토사이트 Reply

    02 February 2021 at 10:40

    I was very happy to find this page. I want to to thank you for ones time just for this fantastic read!! I definitely enjoyed every little bit of it and i also have you book-marked to check out new information on your blog.

  • Best CBD for Pets Reply

    04 February 2021 at 04:42

    What an remarkable manner of looking at points.

  • 메이저사이트 Reply

    04 February 2021 at 06:00

    Way cool! Some very valid points! I appreciate you penning this article and the rest of the site is very good.

  • Increase Domain Authority Reply

    04 February 2021 at 08:30

    Thank you for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our local library but I think I learned more from this post. I am very glad to see such great information being shared freely out there.

  • Get Info Reply

    04 February 2021 at 11:23

    I’ve been absent for a while, but now I remember why I used to love this site. Thank you, I will try and check back more frequently. How frequently you update your site?

  • 마사지알바 Reply

    05 February 2021 at 23:42

    May I simply say what a comfort to find someone who really knows what they are talking about on the web. You certainly understand how to bring an issue to light and make it important. A lot more people need to read this and understand this side of your story. I was surprised that you aren’t more popular since you surely have the gift.

  • 마사지구인구직 Reply

    06 February 2021 at 10:12

    I was pretty pleased to find this web site. I wanted to thank you for ones time for this particularly fantastic read!! I definitely enjoyed every part of it and i also have you bookmarked to look at new things on your blog.

  • Insurance Lead Reply

    06 February 2021 at 17:17

    Have you ever considered creating an ebook or guest authoring on other blogs? I have a blog based upon on the same topics you discuss and would love to have you share some stories/information. I know my audience would value your work. If you are even remotely interested, feel free to send me an e mail.

  • where to get cialis Reply

    09 February 2021 at 04:57

    where to get cialis

  • cheapest pharmacy for cialis Reply

    20 February 2021 at 21:41

    Nice post. I used to be checking continuously this blog and I
    am inspired! Extremely helpful info specifically the final part :
    ) I maintain such information a lot. I was looking for this certain info for a very
    long time. Thanks and best of luck.

  • hydroxychloroquine coronavirus protocol Reply

    25 February 2021 at 06:50

    Nice replies in return of this query with real arguments and describing all concerning

Leave a Comment