DAX Membership May Offer Liquidity but Not a Price Lift, Deutsche Bank Says
Deutsche Bank analysts, led by Carolin Raab, warn that joining the DAX often fails to deliver sustained share-price outperformance. With STOXX set to review the index on September 3 and changes effective September 21, Lufthansa remains a candidate to rejoin but has seen its prospects dim after Fresenius Medical Care's free-float increase pushed it …