DAX closes 1.0 percent higher as tech shares rebound
Published on 10/16/2026 at 18:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTechnology rebound and rate relief
- DAX closed at 25,625 points, up 242 points or 1.0 percent on October 16, 2026.
- Euro-area inflation held at 3.8 percent in September as rate fears eased after Kevin Warsh's remarks.
- Rheinmetall led DAX gainers with a 5.3 percent rise.
- German manufacturing orders are due October 19, 2026, at 8:00 a.m. CEST.
The DAX closed at 25,625 points on October 16, 2026, up 242 points or 1.0 percent. Technology shares recovered as concerns about artificial intelligence financing and higher US rates eased, while euro-area inflation remained at 3.8 percent in September, Capital Futures reported.
After the 25,643-point midday level, the index surrendered 18 points by the close. Rheinmetall led the DAX gainers with a 5.3 percent rise, while Beiersdorf fell 0.9 percent, according to Markets Insider.
Why did the DAX rise on Friday?
Global technology shares stabilized after the previous session's selloff. Federal Reserve Chair Kevin Warsh highlighted artificial intelligence's economic potential without giving fresh guidance on interest rates, Tagesschau reported.
Lower oil prices and bond yields also supported European equities. Brent crude traded near 105.22 USD per barrel, while Germany's 10-year yield stood at 3.4189 percent, Reuters reported.
Rheinmetall leads DAX movers
Rheinmetall led the index near the close, followed by BMW, Volkswagen and Mercedes-Benz Group. Symrise, Qiagen, Infineon and SAP were among the few decliners, Regionalheute reported.
Course and market breadth
The DAX opened at 25,495 points after closing at 25,383 points on Thursday. It traded between 25,466 and 25,653 points by 12:09 p.m. CEST, when it stood at 25,596 points, finanzen.net reported.
The L&S indication was 25,556 points at 6:32 p.m. CEST. Wall Street opened mixed, with the Dow Jones at 52,308 points and the Nasdaq Composite at 26,653 points.
What comes next for the DAX
- October 19, 2026, 8:00 a.m. CEST: German manufacturing orders for August are due, finanzen.net reports.
DAX price data for October 16, 2026
The DAX closed at 25,625 points on October 16, 2026, up 242 points or 1.0 percent from the previous close of 25,383 points, Capital Futures reported. It opened at 25,495 points. The L&S indication was 25,556 points at 6:32 p.m. CEST.
DAX by the numbers on October 16, 2026
- Index: DAX
- Home exchange: Xetra, Germany
- Close on October 16, 2026: 25,625 points
- Change versus previous close of October 15, 2026: up 242 points (up 1.0 percent)
- Previous close: 25,383 points
- Open: 25,495 points
- L&S indication (6:32 p.m. CEST): 25,556 points
- Top gainer: Rheinmetall up 5.3 percent
- Top loser: Beiersdorf down 0.9 percent
- Next scheduled event: October 19, 2026, 8:00 a.m. CEST: German manufacturing orders
