Nokia set to rejoin Euro Stoxx 50, Volkswagen dropped

Nokia Oyj

01/09/2026 23:18

Sept 1 (Reuters) - Finnish telecom equipment maker Nokia Oyj NOKIA.HE is set to rejoin the bluechip Euro STOXX 50 index .STOXX50E a year after being dropped, while Volkswagen VOWG_p.DE will be removed, index provider STOXX said in its annual review on Tuesday.
Nokia shares hit a near-18-year high in June before declining. They are still more than double their price at the same time last year, helped by the company's shift in focus to selling fibre-optic equipment to companies building AI data centres. 
Shares of Volkswagen, meanwhile, have dropped nearly 27% so far this year, as Europe's largest automaker struggles against Chinese competition and pushes ahead with a restructuring.
French utility Engie ENGIE.PA will also join the index, while Dutch information-services group Wolters Kluwer WLSNc.AS is being removed.
The changes to the index are effective September 21.
Stoxx also unveiled a slew of changes to the broader Stoxx 600 Index .STOXX, including the addition of Greek companies such as National Bank Of Greece NBGr.AT and Alpha Bank ACBr.AT after Greek equities were in April reclassified to "developed market" status.
British sportswear retailer JD Sports Fashion JD.L, Swedish sports and outdoor gear maker Thule Group THULE.ST and Germany airport operator Fraport AG FRAG.DE are set to exit the Stoxx 600 Index.

 (Reporting by Fabiola Arámburo in Mexico City; Editing by Joyjeet Das)
 ((Fabiola.Solano@thomsonreuters.com))