Sep 1st, 2015
RWE Gets Booted Out of the Euro Stoxx 50
RWE AG, Germany's largest power producer, is getting booted off the benchmark Euro Stoxx 50 Index after its shares dropped 49 percent this year, dragged down by a slump in electricity prices to the lowest in more than a decade. The index will exclude RWE as of Sept. 21 after more than 17 years, Stoxx Ltd. said Monday in a statement following the close of German equity trading. Bloomberg’s Nejra Cehic explains more on "Countdown."
