Food deliverer Delivery Hero drops out of Germany’s blue chip index
BERLIN (Reuters) – Meals deliverer Supply Hero will drop out of Germany’s blue chip inventory index DAX changed by client items maker Beiersdorf from June 20, inventory market operator Deutsche Boerse mentioned on Friday.
Simply over a yr after being relegated from the DAX, the Nivea cream maker and Hansaplast wound care Beiersdorf replaces Supply Hero
“For years, Supply Hero has been writing losses and principally does not function any enterprise or service in Germany it self,” Oldenburger mentioned.
Nonetheless, there had been lengthy discussions in regards to the meals supply firm’s DAX suitability, mentioned CMC Markets analyst Konstantin Oldenburger.
(Reporting by Zuzanna Szymanska; enhancing by Diane Craft)
