Infineon to replace Nokia in Euro Stoxx 50

0

Microchip maker Infineon Technologies
IFX,

is going to replace telecom equipment maker Nokia
NOKIA,
+0.83%
NOK,
+3.06%
in the Euro Stoxx 50
SX5E,
+0.04%,
Stoxx said late Monday. The move is effective March 22. Stoxx didn’t provide an explanation, but microchip makers have been buoyed by strong demand and a shortage of supplies. In early trade, Nokia slipped 1.3% while Infineon slipped 0.4%.

Source

Leave A Reply

Your email address will not be published.