Marine Link
Friday, September 30, 2016

Hapag-Lloyd Becomes 'Blue Chip'

March 12, 2016

Photo: Hapag-Lloyd

Photo: Hapag-Lloyd

 Hapag-Lloyd would become a member of the SDAX index of the Deutsche Börse, with its first day of trading on March 21, announced Deutsche Börse.

 
The SDAX is a German Blue Chip Equity Index and contains 50 companies listed in the Prime Segment of Deutsche Börse which follow the 30 DAX and the 50 MDAX companies with regard to free float market capitalisation and order book turnover. 
 
Other members of the SDAX family are for instance Puma, Schaeffler, Heidelberger Druckmaschinen, HHLA and VTG. 
 
“The inclusion into the SDAX marks an important step for the Hapag-Lloyd share which only started trading on November 6th 2015. The increased awareness resulting from listing within an index is expected to increase liquidity for shareholders, broaden analyst coverage - allowing for a more frequent valuation – and to increase publicity,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG.
 
The composition of the SDAX will be adjusted on 18 March 2016 and from 21 March 2016 the SDAX trading will include the Hapag-Lloyd share. 
 


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News