By Nathan Allen 
 

German payment processing company Wirecard AG (WDI.XE) will replace Commerzbank AG (CBK.XE) in the DAX index from Sept. 24, stock-exchange operator Deutsche Boerse AG (DB1.XE) said Thursday.

Commerzbank AG (CBK.XE) will move to the MDAX index, which includes 60 shares that rank below the 30 stocks included in the flagship DAX index in terms of size and order-book turnover.

Deutsche Boerse also said that DAX companies that are assigned to technology sectors can now also be included in the TecDAX index, and TecDAX constituents can be listed in MDAX or SDAX.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

September 06, 2018 01:33 ET (05:33 GMT)