Plenum Investments Ltd. launches the MariX® shipping index

Together with Deutsche Börse AG in Frankfurt, Zurich-based Plenum Investments Ltd. is today launching the international shipping index MariX®. The index exclusively reflects market trends in the global transport of industrial goods and raw materials by sea, including their deep-sea production. MariX® focuses primarily on shares with above-average dividend yields. The index consists of 40 equally weighted shares of companies with a total market capitalisation of over EUR 400 million. The shares that comprise MariX® must also have a stock exchange turnover of at least EUR 1.5 million per day. MariX® is calculated at intervals of 60 seconds. Deutsche Börse AG employs a transparent system of index rules to calculate MariX® in EUR and USD, the same currencies in which the index is published.

Raimond Schuster, CEO of Plenum Investments Ltd., comments: “With MariX®, we are bringing increased transparency to the shipping share market, which has now become a highly developed and liquid market. MariX® also clearly demonstrates that shipping shares with high dividend yields enjoy an above-average performance compared to the market as a whole.”