FRANKFURT (dpa-AFX) - Ten years after Tui moved to the London Stock Exchange, the shares of Europe's largest tour operator should return to the MDax in June. At least that is what analyst Pankaj Gupta from the US bank JPMorgan expects, according to a study published on Thursday.

If the shareholders approve a withdrawal from the London Stock Exchange at the Annual General Meeting on February 13 and everything goes as planned by Tui management, the share will be traded on the London Stock Exchange for the last time on June 21, he wrote. The Hanover-based group had moved to the London Stock Exchange in 2014 following the merger with the British Tui Travel.

Following the switch to the Prime Standard of the Frankfurt Stock Exchange on April 8 - subject to shareholder approval - Tui could be included in the Dax family, consisting of the leading index Dax, the MDax, the SDax and the TecDax. And probably after the quarterly index review in June in the MDax, Gupta specified.

On Monday, June 23, the share could then once again become a member of the index of medium-sized German stocks. A listing in the Prime Standard segment is mandatory in order to be a candidate for the Dax family at all. Not least because of its international orientation, higher requirements apply here than for the General Standard.

JPMorgan expert Gupta also sees the Tui share in the MSCI Eurozone Small Cap Index as soon as the necessary formal changes have been made.

Such changes are particularly important for funds that replicate indices in real terms (physically replicating ETFs). They then have to be rebalanced accordingly, which can have an impact on share prices./ck/tih/jha/