DAX closes 1.0 percent lower as Infineon leads selloff
Published on 10/22/2026 at 19:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOil and tech pressure
- The DAX closed at 25,379 points on October 22, down 266 points or 1.0 percent.
- Brent crude rose 2.7 percent to USD 111.79 after an attack on Saudi oil infrastructure.
- Siemens Energy fell 8.6 percent, the steepest decline among DAX components.
- German purchasing managers' indexes are due October 23, 2026, at 9:30 a.m. CET.
The DAX closed at 25,379 points on October 22, down 266 points or 1.0 percent. Higher oil prices and renewed technology selling weighed on German equities, Reuters reported.
Qiagen gained 4.9 percent after EQT and its partners offered EUR 46.50 per share in a deal valuing the company at EUR 10.8 billion. The Xetra close was 4 points above the 25,375-point level cited at midday.
Why did the DAX fall on October 22?
Brent crude rose 2.7 percent to USD 111.79 after a Houthi attack on Saudi Aramco's Shaybah oil field. West Texas Intermediate gained 2.2 percent to USD 99.26. The energy shock added to pressure from mixed U.S. technology earnings and renewed concerns about artificial-intelligence valuations, Sharecast reported.
Winners and losers in the DAX
Closing movers reported by MarketScreener were:
- Qiagen up 4.9 percent: EQT's proposed takeover offer.
- Sartorius up 3.6 percent: stronger nine-month results and confirmed guidance.
- Merck up 2.9 percent: no additional company-specific reason was cited.
- Siemens Energy down 8.6 percent: technology and artificial-intelligence concerns pressured the stock.
- Infineon down 6.0 percent: semiconductor selling weighed on the shares.
- Hochtief down 4.7 percent: artificial-intelligence concerns pressured the stock.
The DAX finished near the day's low
The index opened at 25,498 points and reached a high of 25,563 points. It later touched a low of 25,318 points before closing at 25,379 points. At 5:58 p.m. CET, the Dow Jones stood at 52,841 points and was little changed, Finanzen.ch reported.
What comes next for the DAX
- October 23, 2026, 8:00 a.m. CET: German construction data for August are scheduled, Aktiencheck reports.
- October 23, 2026, 9:30 a.m. CET: Germany's first October purchasing managers' indexes are due, followed by the euro-area release at 10:00 a.m. CET.
- October 23, 2026, 3:45 p.m. CET: U.S. purchasing managers' indexes are scheduled for release.
DAX price data for October 22, 2026
The DAX closed at 25,379 points on October 22, 2026, down 266 points or 1.0 percent from the previous close of 25,645 points, Finanzen.ch reported. It opened at 25,498 points, reached a high of 25,563 points and a low of 25,318 points. The L&S indication was 25,358 points at 7:12 p.m. CEST.
DAX by the numbers on October 22, 2026
- Index: DAX
- Home exchange: Xetra, Germany
- Close on October 22, 2026: 25,379 points
- Change versus previous close of October 21, 2026: down 266 points (down 1.0 percent)
- Previous close: 25,645 points
- Open: 25,498 points
- Day high / day low: 25,563 points / 25,318 points
- L&S indication (7:12 p.m. CEST): 25,358 points
- Top gainer: Qiagen up 4.9 percent
- Top loser: Siemens Energy down 8.6 percent
- Next scheduled event: October 23, 2026, 9:30 a.m. CET: German purchasing managers' indexes
