{"id":5529,"date":"2021-09-15T01:06:17","date_gmt":"2021-09-15T01:06:17","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=5529"},"modified":"2021-09-15T01:06:17","modified_gmt":"2021-09-15T01:06:17","slug":"t2021091501","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.net\/pt\/dividend\/t2021091501\/","title":{"rendered":"VT Markets:  The adjustment risk of Constituent stocks in DAX30."},"content":{"rendered":"\n<p>Dear our honorable clients:<\/p>\n<p>VT markets provides major economies&#8217;s primary stock index from all over the world for contract transactions, including DAX30 index releases from Deutsche B\u00f6rse Group.<\/p>\n<p>In order to increase DAX30&#8217;s market competitive ability, since 2020 November Deutsche exchange continuing to impose more rigorous membership condition including profit eligibility criteria and financial report.<br>Recently, they announced a big revolution:<\/p>\n<p><strong>DAX30&#8217;s constituent stock will increase 10 more stocks which make blue chip DAX index from 30-40.<\/strong><\/p>\n<p><strong>What is \u3010German DAX30 index\u3011?<\/strong><br>DAX30 index is combine with 30 biggest market value of international enterprise in German. In some circumstances, it represents Germany economy&#8217;s status.<\/p>\n<p>These company are all required to listed in Frankfurt Stock Exchange (FWB), as result it also called (Frankfurt index)<\/p>\n<p>Current constituent stocks of DAX30 are as follow:<\/p>\n<p><img decoding=\"async\" src=\"\/email_img\/email2021091401.jpg?v=1\"><\/p>\n<p>German is the biggest economy in Europe, European Central Bank&#8217;s headquarters is also at German Frankfurt, DAX30 is as important as FTSE100 and Franch FRA-40 in Securities Index.<\/p>\n<p><strong>In this adjustment, added what kind of constituent stock?<\/strong><br>In this adjustment to increase the visionary of Deutsche B\u00f6rse Group, they add ten well-known companies as follow:<\/p>\n<p>1. Airbus SE<br>2. Brenntag SE<br>3. HelloFresh SE<br>4. Porsche Automobil Holding<br>5. PUMA SE<br>6. Qiagen N.V.<br>7. Sartorius AG Vz<br>8. Siemens Healthineer AG<br>9. Symrise AG<br>10. Zalando SE<\/p>\n<p><strong>Is there any influence on investors in increasing constituent stocks?<\/strong><br>1. After the adjustment, you can still hold on to your position.<br>2. The contract name (DAX30) and the specification in the contract will maintain as usual.<\/p>\n<p><strong>What kind of influence will be if the increased number of the constituent stocks?<\/strong><\/p>\n<p>1. The increase of the constituent stock means the market movement of diverse and liquidity will be improved.<\/p>\n<p>2. From the influence of stock price: The number of constituent stocks increases can reduce the effect from the sudden individual stock price fluctuates sharply, let the long-term index price trend to steady.<\/p>\n<p>We predict that DAX30 market price will not fluctuate by the increasing number of constituent stock. <br>However, Investors should pay attention at the investors emotions causes by this adjustment, and market change.<\/p>\n<p>3. From the perspective of the distribution of shares: we can find that in the weekly update of the &#8220;Dividend Assignment Adjustment of the Week&#8221; data, DAX30 has maintained a value of 0 for a long time.<\/p>\n<p>This is not because DAX30 does not pay dividends, but the dividends distributed by Deutsche B\u00f6rse DAX30 will be directly reinvested in the stock market. <\/p>\n<p>This is also the biggest difference between DAX30 and other stock indexes.<\/p>\n<p>As result, DAX30 when the constituent stocks pay dividends, the price change of DAX30 will be slightly more severe than other stock indexes.<\/p>\n<p>The increase in constituent stocks is accompanied by an increase in the frequency of dividend assignments, and price changes due to dividends may be more frequent.<\/p>\n<p><strong>Warming tips:<br>The adjustment will be Monday September 20, if you still hold on to DAX30 position before the market is closed at 4 AM on September 18 Saturday (GMT+8), please make sure that there is sufficient available margin in your account to deal with the market risk that may exist when the market opens on Monday.<\/strong><\/p>\n<p>If you have any questions, our team will be happy to answer your questions. Please mail to <a href=\"mailto:trading@vtmarkets.com\">trading@vtmarkets.com<\/a> or contact the service online.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear our honorable clients: VT markets provides major economies&#8217;s primary stock index from all over the world for contract transactions, including DAX30 index releases from Deutsche B\u00f6rse Group. In order to increase DAX30&#8217;s market competitive ability, since 2020 November Deutsche exchange continuing to impose more rigorous membership condition including profit eligibility criteria and financial report.Recently, <a href=\"https:\/\/www.vtmarkets.net\/pt\/dividend\/t2021091501\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5529","post","type-post","status-publish","format-standard","hentry","category-dividend"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/posts\/5529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/comments?post=5529"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/posts\/5529\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/media?parent=5529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/categories?post=5529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pt\/wp-json\/wp\/v2\/tags?post=5529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}