Bonn – Deutsche Publish DHL Group was knowledgeable yesterday night by Qontigo, monetary market companies supplier and subsidiary of Deutsche Börse AG, that the shares of Deutsche Publish AG will likely be listed within the European blue-chip index STOXX Europe 50 with impact from 20 September 2021. Thus, Deutsche Publish DHL Group is at the moment the one logistics service supplier in Europe’s main mixed-currency index.
“The logistics business has made a invaluable contribution to society throughout pandemic occasions. In latest months, now we have efficiently managed to deal with elevated cargo volumes in e-commerce, equipped the world with vaccines and helped the worldwide financial system to get well by powering world commerce.
The inclusion of Deutsche Publish DHL Group [Deutsche Post AG] within the STOXX Europe 50 is a exceptional recognition of the excellent efficiency of our Group primarily based on the devoted work of 570,000 workers worldwide,” stated CEO Frank Appel.
The STOXX Europe 50 consists of the fifty Most worthy listed corporations in Europe. The index was established in 1998 and is considered an essential indicator of the efficiency of the European inventory market.
The STOXX Europe 50 is among the world’s main underlyings for exchange-traded funds (ETFs), futures, choices and structured merchandise. The composition of the members is reviewed yearly. The idea for the inclusion is the market capitalization of the free float primarily based on the closing costs on the finish of August.
After shares of Deutsche Publish AG traded at a problem worth of EUR 21.00 on the time of its IPO round 21 years in the past and succeeded in transferring as much as the EURO STOXX 50 8 years in the past, the share worth has risen to EUR 59.58 (closing worth as at August 31, 2021). Accordingly, market capitalization has nearly tripled because the IPO to round EUR 74 billion.