BUZZ-Jungheinrich: unexpected rise to MDAX index

** German forklift truck maker Jungheinrich (Xetra: 621993 - news) will replace pay-TV firm Sky Deutschland (Other OTC: SKDTY - news) on Germany's mid-cap index MDAX from Thursday, moving up from the SDAX small-caps index. ** "That is a big surprise," says a local trader, adding that almost all market participants expected recently floated Zalando (Berlin: ZAL.BE - news) , or maybe online ticket seller CTS Eventim (Xetra: 547030 - news) , to replace Sky (LSE: BSY.L - news) . ** Jungheinrich, which competes with MDAX-listed Kion, rises 3.2 percent in early trade, to its highest level in more than four months. ** Jungheinrich's stock has advanced 3 percent so far this year, broadly in line with the MDAX index and outperforming a 5 percent decline by Kion. ** Jungheinrich's move to the MDAX is an unscheduled index change, prompted by the takeover of Sky Deutschland by Sky Plc. The next scheduled review of index composition is on Wednesday.

Reuters messaging rm://maria.sheahan.thomsonreuters.com@reuters.net