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Germany's MorphoSys to be listed on the MDAX index

Germany's MorphoSys AG said that its shares will be included in the MDAX index, effective Sept. 24.

MorphoSys said the inclusion in both indices, MDAX and TecDAX, is based on the reorganization of the index rules of Deutsche Börse.

Under the new rules, separation into the technology and classic segments have been removed. Thus companies listed on the technology index TecDAX can be listed in the DAX, the MDAX or the SDAX based on purely quantitative criteria.

The company said its shares will remain part of the TecDAX segment.