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Börse Express – INDEX-MONITOR: Hermes and Richemont rise in the leading European indices

Paris (dpa-AFX) – the most important European indices EuroStoxx 50
and Stoxx Europe 50 Luxury goods manufacturers will be enriched in December. French luxury fashion retailer Hermes International It replaces shares of Universal Music Group (UMG), a spin-off of media group Vivendi, in the leading eurozone index EuroStoxx 50. . This was announced by index provider Qontigo, a subsidiary of Deutsche Börse, on Wednesday evening. In the Stoxx Europe 50 mixed currencies, Richemont . was replaced by the Swiss luxury goods group British Telecom Group Vodafone .

EuroStoxx 50 and Stoxx 50 in new formulation will be traded for the first time on Monday, December 20th. Index changes are especially important for funds that replicate real indices (eg physical ETFs). It will then have to be reallocated and reallocated accordingly, which could have an impact on stock prices.

 ISIN  EU0009658145  EU0009658160  GB00BH4HKS39  CH0210483332  FR0000052292

AXC0385 2021-12-01 / 22:49

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