FRANKFURT (dpa-AFX) - Deutsche Bank shares clearly led the European banking sector and the DAX on Thursday morning. At 11.618 euros, they climbed a good 3 percent to a new high since March.

The well-known banking analyst Kian Abouhossein from JPMorgan included the Frankfurt shares in his favorites portfolio in his European sector outlook for 2024. They are now included alongside UBS, BBVA, Natwest, ING and Intesa.

Expert Abouhossein sees Deutsche Bank shares as comparatively more risky but also more promising and is counting on rising earnings in investment banking. Natwest and UBS also rose significantly. The latter is now also included in JPMorgan's "Analyst Focus List" as a cross-sector top stock./ag/jha/