Hochtief

German construction company Hochtief has been admitted to the DAX index for the first time, replacing Porsche SE. The company’s shares have become increasingly valuable recently.

The German construction company Hochtief is expected to be promoted from the MDAX to the DAX, Germany’s leading stock index, in June. Experts are uncertain which current DAX member will be replaced. Lufthansa is expected to remain excluded from the index.