D.According to Deutsches Aktieninstitut, the expansion of the German stock index from 30 to 40 companies a year ago could only have been a first step. “We need more fresh blood on the stock exchange – not just in the Dax 40 – to meet the challenges of the coming years. We need capital for the transformation of the German economy,” said the managing director of the Deutsches Aktieninstitut, Christine Bortenlänger, of the German news agency in Frankfurt.
“The German capital market simply lacks the supplies to keep up with the capital markets of other countries like Sweden, the United States or Great Britain. Compared to other industrialized nations, the number of IPOs is too low, “said Bortenlänger.
Politicians must “create the framework conditions to give impetus to the culture of sharing”, asked Bortenlänger: “If more people in Germany save with shares, especially for old age, there will also be more money available for IPOs.”
Since 20 September 2021, 40 companies have been listed on the German stock index (Dax). “The increase from a year ago meant a rejuvenation for the Dax,” summarized Bortenlänger. “New industries have joined established automotive, chemical and financial companies, some of which have been successful since the last century. The Dax 40 therefore better reflects the German business landscape. ” In other countries, major indices are similar in size or even include multiple stocks.
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