Deutsche Bank AG(US:DB) 智通财经网·2025-09-01 23:41Core Viewpoint - Deutsche Bank has returned to the Euro Stoxx 50 index after being excluded for seven years, reflecting a recovery in its stock price and the overall strength of the European banking sector [1][12] Group 1: Deutsche Bank's Return - Deutsche Bank will join Siemens Energy and Argenx SE in the Euro Stoxx 50 index, replacing Nokia, Stellantis, and Pernod Ricard [1] - The bank's stock price has doubled in the past 12 months, leading to its re-inclusion in the index [1] - The return to the index comes after a challenging period since 2018, when the bank was removed due to performance issues [1] Group 2: Market Conditions and Challenges - The Stoxx 600 banking index recently fell by 4.5%, marking the largest weekly decline since April, indicating a cooling market sentiment [2] - Multiple negative factors are impacting European banks, including political instability in France, discussions of windfall taxes in the UK, and concerns over potential tax policy changes in Italy [5] - Despite these challenges, some market participants remain optimistic about the resilience of European banks due to strong capital positions and positive business activity in the US and Europe [5] Group 3: Performance of Other Companies - Siemens Energy has seen its stock rise over 200% since September last year, benefiting from increased demand for gas turbines and grid equipment [11] - Argenx has experienced a 30% stock price increase over the past year, driven by advancements in its drug development for cancer and autoimmune diseases [11] - The companies being removed from the index face various challenges: Nokia's stock fell 7% due to US tariff policies, Stellantis' stock dropped 46% amid leadership changes and weak sales, and Pernod Ricard's stock decreased 24% due to global trade tensions [11]