Nokia will return to the Euro Stoxx 50 after a one-year absence, while Volkswagen and Wolters Kluwer will leave the benchmark. Engie will also join, with all changes taking effect before trading opens on September 21, 2026. Nokia’s Helsinki-listed shares reached a near-18-year high in June and remain more than double their level a year earlier, supported by its shift toward fiber-optic equipment for AI data centers. Second-quarter revenue rose 8% to €4.815 billion, with Network Infrastructure growth of 12% and cloud and AI sales more than doubling. US-listed Nokia shares rose about 1% in after-hours trading, taking their year-to-date gain to roughly 53%. Stocktwits activity increased sharply, although retail sentiment remained bearish, while analyst ratings skewed positive. Volkswagen shares have fallen nearly 27% this year as Chinese competition intensifies and the automaker restructures. Stoxx said the removal also reflects its free-float market-capitalization methodology. Index changes can prompt automatic buying by index-tracking funds for additions and selling for deletions. National Bank of Greece and Alpha Bank will join the broader Stoxx 600 after Greece’s April reclassification to developed-market status, while JD Sports Fashion, Thule Group and Fraport will exit.