Index / ETFs

Stocks jumped in January as expectations built up that inflation worldwide may have peaked and that any recession in key developed economies may be mild.

Qontigo’s global index provider STOXX Ltd. announces that Linde plc will be deleted from the DAX index effective 27 February 2023. The reason for this is the company’s announcement related to the delisting of its ordinary shares from the Frankfurt Stock Exchange.

Stocks declined in December, wrapping the STOXX® Global 1800 index’s worst year since 2008, as investor concerns lingered about the impact of inflation and higher interest rates on economic and earnings growth.

In connection with a takeover, the free float of Uniper SE has dropped below ten percent and the company will be deleted from the SDAX. According to the „Guide to the DAX Equity Indices“, section 5.1.2, the company no longer meets the basic criteria required to remain in the index (minimum free float of ten percent).

Qontigo’s global index provider STOXX Ltd. has announced changes to the DAX index family, which will become effective on 19 December 2022.

The STOXX® Global 1800 index rose for a second straight month in November as investors raised expectations that higher interest rates are helping temper inflation.

December 1, 2022 – Qontigo has announced the new composition of the STOXX Europe 600 Index

The last two years have been among the most eventful in the blue-chip DAX® index’s three-decade life. Qontigo, which manages the German benchmark and its entire family of indices, has since 2020 pursued DAX’s biggest overhaul since its inception. The aim has been to bolster the quality of constituent companies, bring selection criteria in line with international standards and improve representativeness.

The STOXX® Global 1800 index rebounded from a two-year low last month on investors’ expectations that the Federal Reserve may soon slow down the pace of interest-rate hikes.

In September, stocks suffered the worst monthly selloff since March 2020, with the STOXX® Global 1800 index erasing all of its gains from the northern hemisphere’s summer, as central banks around the world pushed ahead with more interest-rate hikes.

Qontigo’s global index provider STOXX Ltd. has announced changes to the DAX index family, which will become effective on 19 September 2022.

Stocks resumed losses in August after central bankers said they are not done raising interest rates as they combat record-high inflation.