Deutsche Bank AG (XFRA-DBK) has returned to the Euro Stoxx 50 index, joining Siemens Energy AG (XFRA-SIE) and Belgian biotech firm Argenx SE (XNAS-ARGX) in the latest reshuffle by ISS Stoxx.
The German lender was dropped from the benchmark in 2018 but has surged over the past year, driven by a broader rally in European banking stocks.
Siemens Energy tripled in value amid rising demand for grid infrastructure, while Argenx gained 30% on strong clinical data and analyst support.
Exiting the index are Nokia (XNYS-NOK), Stellantis (XNAS-STLA), and Pernod Ricard (XPAR-RI), each impacted by trade tensions and declining performance. The update seems to reflect shifting sector momentum across Europe’s equity landscape.