DAX at 2-Week Low

2026-10-23 07:59 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 fell 0.6% to around 25,230 on Friday, hitting a two-week low and extending the previous session’s losses.

While the earnings season continues to draw investors’ attention, sentiment remained cautious amid rising oil prices due to escalating tensions in the Middle East.

Also, concerns over demonstrations scheduled for Saturday in France and Italy weighed.

On the data front, flash PMI figures showed that Germany’s private sector continued to expand in October, though the pace of growth slowed more than expected.

Most sectors traded lower, particularly telecom, software and autos, while tech outperformed.

Among individual stocks, Deutsche Telekom led the losses, falling more than 3%, followed by MTU Aero Engines, Adidas, Continental and Airbus, which declined between 1.6% and 2.6%.

On the upside, Rheinmetall (2.2%), Fresenius Medical Care (1.2%), Infineon Technologies (0.9%) and Vonovia (0.9%) posted the biggest gains.

For the week, the index lost around 1.5%.



News Stream
DAX at 2-Week Low
Frankfurt's DAX 40 fell 0.6% to around 25,230 on Friday, hitting a two-week low and extending the previous session’s losses. While the earnings season continues to draw investors’ attention, sentiment remained cautious amid rising oil prices due to escalating tensions in the Middle East. Also, concerns over demonstrations scheduled for Saturday in France and Italy weighed. On the data front, flash PMI figures showed that Germany’s private sector continued to expand in October, though the pace of growth slowed more than expected. Most sectors traded lower, particularly telecom, software and autos, while tech outperformed. Among individual stocks, Deutsche Telekom led the losses, falling more than 3%, followed by MTU Aero Engines, Adidas, Continental and Airbus, which declined between 1.6% and 2.6%. On the upside, Rheinmetall (2.2%), Fresenius Medical Care (1.2%), Infineon Technologies (0.9%) and Vonovia (0.9%) posted the biggest gains. For the week, the index lost around 1.5%.
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