100th SMAX Participant Exactly One Month after the SMAX Launch Deutsche Börse reports continuing high level of interest from issuers
Date 29/05/1999
On Wednesday May 26, exactly one month after the launch of the SMAX quality segment, Deutsche Börse listed the 100th SMAX company, M.A.X. Holding AG. Nine new listings have been added within the last four weeks. The SDAX, the barometer of the 100 strongest German SMAX companies, will be launched, as announced, on June 21. According to Deutsche Börse, there is a continuing high interest in SMAX on the part of issuers, who have embraced the concept. During the first month of SMAX, the capitalization of the SMAX stocks rose by about 16 percent, from 15.1 billion euros when the quality segment was launched, to 17.5 billion euros on May 25. During the same period the SMAX-All Share Index grew 4.55 percent, more than the DAX®, MDAX® and Neuer Markt® index.