Index roundup: Deutsche Borse moves to launch 'Scale selection' gauge

Deutsche Börse will launch in the first quarter of 2018 the Scale selection index, a new gauge that is expected to contain 30 companies. According to the exchange, the trading volume of the companies that moved to Scale have more than doubled year-on-year in the first seven months since the Scale segment's launch, from €827m to around €1.84bn. The Scale All Share Index, which tracks all companies in the segment, rose by 28% during this period, significantly outperforming the Dax, MDax and SDax.