DAX Index to Get Growth Boost in Biggest Ever Makeover
- Zalando, Airbus among companies likely to join benchmark
- Overhaul has been a year in the making, since Wirecard’s fall
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Germany’s benchmark stock index is about to get a lot bigger and more focused on growth.
The DAX Index is expanding to 40 stocks from 30, and JPMorgan Chase & Co. predicts the additions will include faster-growing, highly valued companies such as online retailer Zalando SE and food delivery stock Hello Fresh SE as well as industrial heavyweights Airbus SE and Siemens Healthineers AG.