Commerzbank will return to the Dax instead of Linde

MADRID, 20 Feb.

Commerzbank will return to the Dax instead of Linde

MADRID, 20 Feb. (EUROPA PRESS) -

The shares of Commerzbank, the second largest bank in Germany, will once again form part of the selective Dax of the Frankfurt Stock Exchange starting next February 27, when they will replace Linde shares in the index.

In this way, Commerzbank shares will return to the reference index of the Frankfurt Stock Exchange, from which they left in 2018. The place occupied by the entity's titles in the MDax index will be occupied by Nordex shares.

Last week, Commerzbank announced net attributable profit of 1,435 million euros in 2022, more than triple the 430 million posted the previous year and its best result since 2007, while the German bank's turnover totaled 9,461 million, a 12% more than in 2021.

For its part, last January Linde confirmed that its shareholders had approved the company's reorganization proposal, including the delisting of its ordinary shares from the Frankfurt Stock Exchange, while a new holding company, also called Linde, will be listed on the New York Stock Exchange under the trading code "LIN".

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