News & Research

Changes were announced as part of the June regular review of the DAX 50 ESG, DAX 50 ESG+, DAX ESG Target, DAX ESG Screened and DAX indices.

Qontigo’s global index provider STOXX Ltd. has announced the new composition of the DAX index family, which will become effective on 19 June 2023.

The STOXX Global 1800 index lost 1.1% last month and the STOXX World AC dropped 0.9%. European, energy and high-dividend shares were among the worst performers.

Global equity indices retreated in May, dragged lower by European and Asian shares. In the US, better-than-expected earnings from technology companies overshadowed concerns about a government default and ongoing interest rate hikes.

Qontigo has announced the new composition of the STOXX Europe 600 Index. Effective as of the opening of European markets on June 19, 2023, these stocks will be added to and deleted from the index and its respective size and sector indices.

After two years of rallying, energy stocks have experienced a turn in fortunes in 2023 as commodity prices continue to slide. Nevertheless, the STOXX Europe 600 Oil & Gas index has retained some attributes, such as positive active exposures to the Earnings Yield and Value factors.

Our Sustainable Investments team has produced a document detailing the methodology for reporting the sustainable investment percentage of STOXX and DAX indices. The rules are aligned with the spirit of the EU’s Sustainable Finance Disclosure Regulation (SFDR) and are designed, among other things, to bring specificity and flexibility when constructing sustainable portfolios.

5 May 2023 – Qontigo’s global index provider STOXX Ltd. announces component changes in the MDAX, SDAX and TecDAX indices.

4 May 2023 – Qontigo’s global index provider STOXX Ltd. has announced unscheduled component changes in the MDAX, SDAX and TecDAX indices.

The STOXX Global 1800 index rose 1.8% in dollars in April, and the STOXX World AC added 1.5%, following better-than-expected economic and business reports. There were gains across all regions, and Low Risk was the leading factor in the month.

Stocks rose in April following better-than-expected economic and earnings reports, and amid signs that inflation in key regions continues to cool.

The STOXX Global 1800 index rose 3% in dollars and only 0.6% in euros in March. The Fed on March 22 increased its key borrowing rate by 25 basis points to the highest since 2007, but removed from a statement previous references to the need for “ongoing” rate rises.