DAX back above 25,000 points as Deutsche Telekom shares slump 8%
The DAX rose 1.13% to 25,087 points but ended the week about 0.6% lower. Cheaper oil and falling bond yields helped. Telekom suffered from SpaceX's push into US mobile services.
On Friday, 9 October, the DAX benchmark index (Germany's 40 largest listed companies) rose 1.13% to 25,087.27 points at the Xetra close, back above the 25,000 mark. Over the week it was still down about 0.6%. The MDAX of mid-sized companies gained 1.64% to 29,989.90 points, the SDAX about 1.5% and the TecDAX about 0.3%. The Euro Stoxx 50 closed 0.76% higher at 6,173.37 points. There is no trading at the weekend.
According to dpa-AFX, oil and bond markets provided support. US President Donald Trump denied reports of new US strikes on Iran before the 3 November midterm elections and spoke of constructive talks with Tehran. Brent crude fell to $103.20 a barrel by midday (−1.04%). Bond yields declined, which makes shares relatively more attractive.
The biggest DAX loser was Deutsche Telekom, down about 7.9%. SpaceX wants to buy a large package of US radio spectrum and become a mobile operator. Telekom controls T-Mobile US, whose shares fell about 11%. Software stocks such as SAP (+3.7%) gained. In the MDAX, Salzgitter jumped 13.4% after a UBS upgrade.
The ECB euro reference rate was $1.1206 (Thursday: $1.1186).
| Index | Close | Day % |
|---|---|---|
| DAX | 25,087.27 | +1.13 % |
| MDAX | 29,989.90 | +1.64 % |
| Euro Stoxx 50 | 6,173.37 | +0.76 % |
| Index | Close (approx.) | Day % |
|---|---|---|
| TecDAX | 3,978 | +0.3 % |
| SDAX | 18,098 | +1.5 % |
| Company | Price EUR | Day % |
|---|---|---|
| Zalando | 23.80 | +4.34 % |
| SAP | 191.46 | +3.70 % |
| Siemens | 272.10 | +2.97 % |
| Bayer | 43.77 | +2.77 % |
| BASF | 51.68 | −0.17 % |
| Deutsche Telekom | 24.70 | −7.94 % |
For information only, not investment advice. Prices as of the time stated, not real-time quotes.
Sources
- dpa-AFX via onvista: ROUNDUP/Aktien Frankfurt Schluss – Öl und Anleihen helfen Dax über 25.000 Punkte (9.10.2026)
- dpa-AFX via ARIVA.DE: ROUNDUP/Aktien Frankfurt Schluss (9.10.2026)
- Dow Jones via finanzen.net: XETRA-SCHLUSS/Fest – Deutsche Telekom brechen ein (9.10.2026)
- Dow Jones via MarketScreener: XETRA-SCHLUSS/Fest – Deutsche Telekom brechen ein (9.10.2026)
- finanzen.ch: DAX zum Ende des Freitagshandels mit Kursplus (9.10.2026)
- dpa-AFX via onvista: Ölpreise gefallen – Dementi zu angeblich neuen US-Angriffen (9.10.2026)
- dpa-AFX via onvista: Devisen – EZB-Referenzkurs 1,1206 US-Dollar (9.10.2026)
