MDAX


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AcronymDefinition
MDAXMid Cap Dax (German stock index)
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MTU Aero Engines AG has been listed on the Deutsche Borse Prime Standard since June 6, 2005 and was admitted to the MDAX mid-cap index on September 19, 2005.
This achievement signifies that Symrise leads the energy and materials sector in the DACH region (Germany, Austria and Switzerland), as well as in the German MDAX stock index.
There will be a switch in the Mdax -- the shares in German engine maker Deutz and in property firm GSW will be included, replacing do-it-yourself stores operator Praktiker and lifting machinery maker Demag Cranes.
(Bielefeld, Germany), one of the world's top three machine-tool builders, joined the mid-cap stock index MDAX, and the company management was riding high.
The MDAX rose 58.99 points to 10,739.90, while the TecDAX climbed 4.74 points to 892.76.
The shares of its parent company, mg technologies, are traded on the MDAX Stock Exchange in Frankfurt
Software AG is listed on the Frankfurt Stock Exchange (MDAX, Security identification number 724264/SOWGn.F).
At the close in Frankfurt, the DAX lost 3.11 percent to hit a new 1-month low, while the MDAX index declined 2.16percent, and the TecDAX index fell 2.96percent.
The shares of Knorr-Bremse AG will be included in the MDAX index and will replace the shares of Salzgitter AG, which will be included in the SDAX index.
In brackets the index/price movement against previous quotation, according to dpa: DAX 7,637.51 (- 25.13) MDAX 12,977.41 (- 11.58) Adidas 77.05 (- 1.67) Allianz 105.10 (+ 0.35) BASF 66.91 (+ 0.21) Bayer 80.32 (- 0.77) Beiersdorf 68.66 (- 1.33) BMW 65.90 (- 0.40) Commerzbank 1.16 (+ 0.02) Continental 88.13 (- 0.98) Daimler 40.86 (- 0.18) Deutsche Bank 31.12 (+ 0.93) Deutsche Boerse 46.59 (- 0.15) Deutsche Post 17.24 (- 0.19) Deutsche Telekom 8.44 (+ 0.02) E.ON AG 14.07 (+ 0.07) Fresenius Med.
Germany's main indices, DAX, TECDAX and MDAX, have posted substantial gains due to the bailout accord to back the Spanish banks since end of last week's trading.
Olemotz said that Bechtle, which recently got listed in the technology TecDax index, does not strive to move to the mid-caps Mdax index.