Innogy, Uniper to join Germany's MDAX index

DMG Mori AG

05/12/2016 21:08

FRANKFURT, Dec 5 (Reuters) - German power groups Innogy 
 IGY.DE  and Uniper  UN01.DE  will join the MDAX index  .MDAXI  
of mid-cap shares, having recently been spun off by utilities 
RWE  RWEG.DE  and E.ON  EONGn.DE . 
    Stock exchange operator Deutsche Boerse  DB1Gn.DE  said on 
Monday they would replace hospital operator Rhoen-Klinikum 
 RHKG.DE  and machine tool maker DMG Mori AG  GILG.DE , which 
will move to the SDAX  .SDAXI  index. 
    Shares in Innogy, which bundles RWE's healthy assets -- 
grids, retail and renewables -- have fallen around 14 percent 
since they started trading on Oct. 7. 
    Uniper, which E.ON split off to rid itself of ailing 
generation assets, has meanwhile gained about 15 percent since 
its listing in September. 
    The index changes take effect on Dec. 19. The next regular 
index review will be held on March 3. 
 
 (Reporting by Maria Sheahan; editing by John Stonestreet) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/