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Dax: German Bank stock reaches the highest level in 15 years

At mid-week, Deutsche Bank is one of the biggest winners on the market. Stock market players see potential compared to other banks.

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Dax: German Bank stock reaches the highest level in 15 years

Shares in Deutsche Bank surged 3.9% to €34.50, a multi-year high, on Wednesday. The gain outpaced the broader European banking sector, which rose 0.9%. Deutsche Bank's shares have now risen more than 3.5% this year, still lagging behind Commerzbank, which has gained 11.5%. Commerzbank's shares reached a new high since 2010 of nearly €41.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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