Deutsche Börse Launches DAX Super-Sector Indexes

The main driver for creating these new indexes is that sector weightings have been shown to be "one of the main drivers of performance," says Hartmut Graf, head of issuer data and analytics at the exchange.

Although Deutsche Börse already calculated all-share indexes on 18 different sectors and 63 sub-sectors, Graf says the old sector indexes were designed mainly for "the purpose of information" to help categorize companies by sector and for benchmarking purposes, and that it has proved hard

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