DAX loses 1.2% – and is seen opening slightly lower again on Tuesday
The benchmark index fell to 25,319.77 points on Monday. Traders cited Middle East worries, caution ahead of big earnings and pressure on defence stocks. On Tuesday morning, IG indicates the DAX about 0.5% lower.

The DAX benchmark index (Germany's 40 largest listed companies) closed 1.18% lower at 25,319.77 points on Monday. On Friday it had climbed to almost 25,700 points. The MDAX of mid-sized companies lost 0.47% and the Euro Stoxx 50 of large euro-area companies 0.96%. The tech index TecDAX slipped slightly, while the SDAX of smaller companies edged up. According to dpa-AFX, the DAX just held its 21-day line, a short-term moving average of prices.
According to dpa-AFX, traders cited the situation in the Middle East and caution ahead of quarterly results from SAP, Tesla, Meta and SpaceX. The DAX did not benefit from a recovery in US tech stocks in the afternoon. According to Dow Jones, unrest in France also weighed on sentiment: the yield premium of French 10-year government bonds over German ones rose to 145 basis points (134 on Friday at midday).
RWE (−3.2%), Rheinmetall (−2.8%) and Deutsche Bank (−2.8%) were at the bottom of the DAX. According to Dow Jones, defence stocks gave back part of Friday's gains, also weighed by speculation about a summit of Trump, Putin and Xi on Ukraine. DHL fell 0.9% despite a higher profit forecast, and Vonovia 1.5% on worries about a possible socialisation of housing in Berlin. Zalando (+2.6%), Symrise and VW preference shares led the gainers.
For Tuesday, broker IG expects a start about 0.5% lower at 25,199 points, according to dpa-AFX (6:45), roughly at Monday's low. The ZEW economic sentiment index is due at 11:00, Deutsche Börse's quarterly results at 19:00, and Netflix and SpaceX in the evening. The ECB's euro reference rate was 1.1225 dollars on Monday (Friday: 1.1253).
| Index | Close | Day % |
|---|---|---|
| DAX | 25,319.77 | −1.18 % |
| MDAX | 30,513.26 | −0.47 % |
| SDAX | 18,225.53 | +0.15 % |
| TecDAX | 4,010.22 | −0.12 % |
| Euro Stoxx 50 | 6,144.81 | −0.96 % |
| Company | Day % | Reason |
|---|---|---|
| Zalando | +2.61 % | not stated |
| Symrise | +1.27 % | not stated |
| Volkswagen (pref.) | +1.16 % | not stated |
| DHL Group | −0.90 % | forecast raised, but expected |
| Vonovia | −1.50 % | fears of housing socialisation in Berlin |
| Deutsche Bank | −2.76 % | not stated |
| Rheinmetall | −2.79 % | profit-taking; speculation about Ukraine summit |
| RWE | −3.15 % | not stated (E.ON also weaker) |
| Company | Day % | Reason |
|---|---|---|
| Steyr Motors | +21.4 % | takeover offer from Red Cat (EUR 39 per share) |
| OHB (SDAX) | +3.8 % | Starlink limits for Ukraine – need for EU satellites |
| Aumovio (MDAX) | +2.0 % | Citigroup buy rating |
| Norma Group (SDAX) | −2.6 % | prospect of a lower dividend |
| When | Event |
|---|---|
| 07:00 | ABB (Switzerland), Tele2: Q3 results |
| 08:00 | Germany: producer prices (September); UK: labour market data |
| 11:00 | Germany: ZEW economic sentiment (October); euro area: construction output (August) |
| 12:30 | US: GE Aerospace, General Motors, Northrop Grumman Q3 |
| 14:30 | US: Philadelphia Fed index, housing starts |
| 19:00 | Deutsche Börse: Q3 results |
| 22:00–22:05 | US: SpaceX, Netflix, United Airlines Q3 |
For information only, not investment advice. Prices as of the time stated, not real-time quotes.
Sources
- dpa-AFX via finanzen.at: ROUNDUP/Aktien Frankfurt Schluss – Jüngste Erholung nicht nachhaltig – Dax sinkt (19.10.2026)
- dpa-AFX via ARIVA: ROUNDUP/Aktien Frankfurt Schluss – Jüngste Erholung nicht nachhaltig (19.10.2026)
- dpa-AFX via ARIVA: Aktien Frankfurt – Dax schwächer nach starker Vorwoche (19.10.2026, 11:45)
- dpa-AFX via ARIVA: Aktien Frankfurt – Verluste – Dax muss sich nach Erholung beweisen (19.10.2026)
- Dow Jones via finanzen.ch: XETRA-SCHLUSS/Schwacher Börsentag wegen Frankreich-Unruhen (19.10.2026)
- finanzen.at: DAX präsentiert sich letztendlich schwächer (19.10.2026; Gewinner/Verlierer)
- finanzen.at: Zum Ende des Montagshandels Gewinne im SDAX (19.10.2026)
- finanzen.ch: XETRA-Handel – TecDAX schlussendlich im Minus (19.10.2026, 17:58)
- ad-hoc-news: RWE-Aktie fällt 3,18 Prozent (19.10.2026, 16:49)
- dpa-AFX via finanzen.at: Devisen (EZB-Richtwerte) – Euro-Referenzkurs bei 1,1225 US-Dollar (19.10.2026)
- dpa-AFX via onvista: Devisen – Eurokurs sinkt zum US-Dollar leicht (19.10.2026, 14:38)
- dpa-AFX via finanzen.at: DAX-FLASH – Verluste erwartet – Vortagestief dürfte getestet werden (20.10.2026, 06:45)
- dpa-AFX via finanzen.at: TAGESVORSCHAU – Termine am 20. Oktober 2026 (20.10.2026, 06:04)



