MDAX

{{Short description|German stock market index}}

{{Infobox Index

|name = MDAX

|logo = 220px

|foundation = 19 January 1996

|operator = STOXX (Qontigo, {{lang|de|Deutsche Börse|italic=no}})

|exchanges = Frankfurt Stock Exchange

|constituents = 50{{cite web |url=http://deutsche-boerse.com/dbg-en/media-relations/press-releases/Deutsche-Boerse-decides-rule-changes-for-MDAX--SDAX-and-TecDAX--indices/3405648 |title=Deutsche Börse decides rule changes for MDAX, SDAX and TecDAX indices |publisher=Deutsche Börse |date=3 September 2021 |access-date=8 November 2022 |archive-url=https://web.archive.org/web/20221108045840/https://deutsche-boerse.com/dbg-en/media/press-releases/DAX-welcomes-ten-new-members--2766886 |archive-date=8 November 2022 |url-status=dead }}

|cap_level = Mid-cap, non-technology sectors

|mcap = 42.9 billion (end 2008){{cite web|url=http://deutsche-boerse.com/INTERNET/IP/ip_stats.nsf/(KIR+Kennzahlen+MDAX+E)/686C772B4DBFBD4AC125752F00626E72/$FILE/MDAX_Weighting_File.20081230.xls?OpenElement|title=MDAX Weighting 30.12.2008|date=30 December 2008|publisher=Deutsche Börse|accessdate=2009-03-21}} {{Dead link|date=October 2010|bot=H3llBot}}

|weighting = Capitalization-weighted

|related = DAX, TecDAX, SDAX

}}

The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by {{lang|de|Deutsche Börse|italic=no}}.

It includes the 50 Prime Standard shares that rank in size immediately below the companies included in the DAX index. The company size is calculated based on a combination of order book volume and market capitalization. The index is based on prices generated in the electronic trading system Xetra.

In 2021, in response to the Wirecard scandal, the number of constituents in the DAX was increased from 30 to 40, while the number of constituents in the MDAX was reduced from 60 to 50.Tom Sims and Hakan Ersen (September 4, 2021), [https://www.reuters.com/business/porsche-puma-join-germanys-dax-index-expands-2021-09-03/ Porsche, Puma to join Germany's DAX as index expands] Reuters.

Companies

{{Update section|date=March 2022|inaccurate=yes}}

The following 50 companies make up the index as of the quarterly review effective on January 15, 2023.{{cite web|url=https://www.boerse-frankfurt.de/index/frankfurt-mdax-indikation/zugehoerige-werte |title=Frankfurt MDAX-Indikation |work=boerse-frankfurt.de |access-date=2023-01-15}}{{cite web |url=https://www.dax-indices.com/documents/dax-indices/Documents/Resources/WeightingFiles/Composition/2023/January/MDAX_ICR.20230111.xls |title=MDAX |work=dax-indices.com |date=2023-01-11 |format=xls |access-date=2023-01-15}}

class="wikitable sortable zebra" style="width:100%;"id="constituents"

!|Logo

!|Name

!|Industry

!|Index weighting

!|Number of
Sharesout of date

!|Free-float-

in Mio. €

!|Location

!Symbol

align=center | 120x40px

| Aixtron SE

| Semiconductor industry

| style="text-align:center" |2,98

| {{0}}113.402.370

| 4.325,62

| Herzogenrath

|AIXA

align=center | 120x40px

| Aroundtown S.A.

| Real estate

| style="text-align:center" |1.49

| 1,536,397,797

| 2,061.72

| Luxemburg

|AT1

align=center | 120x40px

| Aurubis AG

| Metals

| style="text-align:center" |1,59

| {{0|00}}44.956.723

| 2.307,09

| Hamburg

|NDA

align=center | 120x40px

| Bechtle AG

| IT services

| style="text-align:center" |2,57

| {{0}}126.000.000

| 3.741,68

| Neckarsulm

|BC8

align="center" | 100x40px

| Befesa S.A.

| Waste management

| style="text-align:center" |1.11

|

| 1,530.47

| Ratingen

|BFSA

align="center" | 100x40px

| Bilfinger SE

|

| style="text-align:center" |

|

|

| Mannheim

| GBF

align=center | 120x40px

| Carl Zeiss Meditec AG

| Medical technology

| style="text-align:center" |2,45

| {{0|00}}89.440.570

| 3.555,14

| Jena

|AFX

align=center | 120x40px

| CTS Eventim AG & Co. KGaA

| Leisure-events

| style="text-align:center" |2,56

| {{0|00}}96.000.000

| 3.713,64

| München

|EVD

align=center | 120x40px

| Delivery Hero

| Delivery service

| style="text-align:center" |4,23

| {{0}}269.536.421

| 6.136,97

| Berlin

|DHER

align=center | 120x40px

| Deutsche Lufthansa AG

| Airlines

| style="text-align:center" |5,69

| 1.195.485.644

| 8.267,54

| Köln

|LHA

align=center | 120x40px

| Encavis AG

| Renewable energy

| style="text-align:center" |1,23

| {{0}}161.030.176

| 1.787,32

| Hamburg

|ECV

align=center | 120x40px

| Evonik Industries AG

| Chemistry

| style="text-align:center" |2,54

| {{0}}466.000.000

| 3.695,85

| Essen

|EVK

align=center | 120x40px

| Evotec SE

| Biotechnology

| style="text-align:center" |2,09

| {{0}}177.185.736

| 3.044,43

| Hamburg

|EVT

align=center | 120x40px

| Fraport AG

| Airport operator

| style="text-align:center" |1,41

| {{0|00}}92.468.704

| 2.056,62

| Frankfurt am Main

|FRA

align=center | 120x40px

| Freenet AG

| Telecommunications

| style="text-align:center" |2,07

| {{0}}118.900.598

| 3.005,81

| Büdelsdorf

|FNTN

align=center |

| Fresenius Medical Care AG

| Medical technology

| style="text-align:center" |5,26

| {{0}}293.413.449

| 7.630,52

| Hof (Saale)

|FRE

align=center |

| Fuchs Petrolub SE

| Chemistry

| style="text-align:center" |1,84

| {{0|00}}69.500.000

| 2.671,54

| Mannheim

|FPE3

align=center | 120x40px

| GEA Group AG

| Machinery

| style="text-align:center" |3,51

| {{0}}180.492.172

| 5.098,68

| Düsseldorf

|G1A

align=center | 120x40px

| Gerresheimer AG

| Packaging

| style="text-align:center" |1,99

| {{0|00}}34.540.000

| 2.900,31

| Düsseldorf

|GXI

align=center | 120x40px

| HELLA GmbH & Co. KGaA

| Automotive

| style="text-align:center" |1,17

| {{0}}111.111.112

| 1.697,81

| Lippstadt

|HLE

align=center |

| HelloFresh SE

| Meal kit

| style="text-align:center" |1,67

| {{0}}172.734.665

| 2.427,88

| Berlin

|HFG

align=center | 100x40px

| Hensoldt AG

| Defence

| style="text-align:center" |0,85

| {{0}}105.000.000

| 1.246,59

| Taufkirchen (bei München)

|HAG

align=center |

| Hochtief AG

| Construction

| style="text-align:center" |1,53

| {{0|00}}77.711.300

| 2.224,49

| Essen

|HOT

align=center | 120x40px

| Hugo Boss AG

| Clothing, Accessories

| style="text-align:center" |2,75

| {{0|00}}70.400.000

| 3.997,45

| Metzingen

|BOSS

align=center | 100x40px

| Jenoptik AG

|

| style="text-align:center" |0,98

| {{0|00}}57.238.115

| 1.427,39

| Jena

|JEN

align=center | 120x40px

| Jungheinrich AG

| Intralogistics, Mechanical engineering

| style="text-align:center" |1,10

| {{0|00}}48.000.000

| 1.603,20

| Hamburg

|JUN3

align=center | 120x40px

| K+S AG

| Mining (fertilizer and salt)

| style="text-align:center" |1,79

| {{0}}191.400.000

| 2.599,89

| Kassel

|SDF

align=center | 120x40px

| Kion Group AG

| Handling equipment

| style="text-align:center" |1,87

| {{0}}131.198.647

| 2.714,83

| Frankfurt am Main

|KGX

align=center |

| Knorr-Bremse AG

| Manufacturing

| style="text-align:center" |2,63

| {{0}}161.200.000

| 3.825,02

| München

|KBX

align="center" | 100x40px

| Krones

|

| style="text-align:center" |

|

|

| Neutraubling

|KRN

align=center | 120x40px

| Lanxess AG

| Chemistry

| style="text-align:center" |1,59

| {{0|00}}86.346.303

| 2.316,05

| Köln

|LXS

align=center | 120x40px

| LEG Immobilien AG

| Real estate

| style="text-align:center" |3,96

| {{0|00}}74.109.276

| 5.755,33

| Düsseldorf

|LEG

align=center | 120x40px

| Nemetschek SE

| Software

| style="text-align:center" |3,08

| {{0}}115.500.000

| 4.481,19

| München

|NEM

align=center | 100x40px

| Nordex SE

|

| style="text-align:center" |0,87

| {{0}}236.450.364

| 1.265,21

| Hamburg

|NDX1

align=center |

| PUMA SE

| Sports equipment

| style="text-align:center" |3,67

| {{0}}150.824.640

| 5.325,69

| Herzogenaurach

|PUM

align=center | 120x40px

| Rational AG

| Manufacturing

| style="text-align:center" |2.03

| {{0}}11,370,000

| 2,814.89

| Landsberg am Lech

|RAA

align=center | 100x40px

| Redcare Pharmacy N.V.

| Pharmacy

| style="text-align:center" |1,53

| {{0|00}}20.203.286

| 2.223,39

| Venlo (Niederlande)

|RDC

align=center | 120x40px

| RTL Group SA

| Media

| style="text-align:center" |0,86

| {{0}}154.742.806

| 1.247,97

| Luxemburg (Luxemburg)

|RRTL

align=center | 120x40px

| Scout24 AG

| Online-market

| style="text-align:center" |3,15

| {{0|00}}75.000.000

| 4.570,77

| München

|G24

align=center | 120x40px

| Siltronic AG

| Semiconductor industry

| style="text-align:center" |

|

|

| München

|WAF

align=center | 120x40px

| STABILUS SE

| Automotive

| style="text-align:center" |1.11

|

| 1,535.11

| Koblenz

|STM

align=center | 120x40px

| Ströer SE & Co. KGaA

| Media

| style="text-align:center" |1,15

| {{0|00}}56.691.571

| 1.669,59

|Köln

|SAX

align=center | 120x40px

| TAG Immobilien AG

| Real estate

| style="text-align:center" |1,55

| {{0}}175.489.025

| 2.262,05

| Hamburg

|TEG

align=center | 120x40px

| Talanx AG

| Real Estate

| style="text-align:center" |2,45

| {{0}}253.350.943

| 3.556,99

|Hannover

|TLX

align=center | 120x40px

| TeamViewer AG

| Software

| style="text-align:center" |1,26

| {{0}}180.000.000

| 1.829,63

| Göppingen

|TMV

align=center | 120x40px

| Thyssenkrupp AG

| Conglomerate

| style="text-align:center" |2,13

| {{0}}622.531.741

| 3.102,07

| Essen and Duisburg

|TKA

align="center" | 100x40px

| Traton SE

|

| style="text-align:center" |

|

|

| München

|8TRA

align="center" | 100x40px

| TUI AG

| Tourism

| style="text-align:center" |

|

|

| Berlin, Hannover

|TUI1

align=center | 120x40px

| United Internet AG

| Telecommunications

| style="text-align:center" |1,07

| {{0}}192.000.000

| 1.553,43

| Montabaur

|UTDI

align=center | 120x40px

| Wacker Chemie AG

| Chemistry

| style="text-align:center" |1,36

| {{0|00}}52.152.600

| 1.983,73

| München

|WCH

{{note|1|Note 1}}: Source: :de:MDAX.

See also

References

{{reflist}}