Kering Replaced by Rheinmetall in the Euro Stoxx 50 Index

Kering is being replaced by German arms maker Rheinmetall RHM 0.26%increase; green up pointing triangle in the Euro Stoxx 50 index, which provides a representation of sector leaders in the eurozone.
The decision will be effective June 23, the index manager said. This is the first time Rheinmetall joins the index, it said, adding that Kering was added to the Euro Stoxx 50 index on September 24, 2018.

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