DAX slips 12 points as Symrise sinks at midday
Published on 10/28/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRates and earnings in focus
- At midday on October 28, 2026, DAX stood at 25,579 points, down 12 points or 0.05 percent.
- Symrise sank 10.0 percent after lowering its 2026 margin outlook to the lower half of 21.5 to 22.5 percent.
- Deutsche Bank rose 3.0 percent after third-quarter profit beat forecasts.
- The Fed decision is due October 28 at 2:00 p.m. ET, with rates expected at 3.75 to 4.00 percent.
The DAX stood at 25,579 points at midday on October 28, 2026, down 12 points or 0.05 percent. Investors weighed mixed earnings against the Federal Reserve decision due later Wednesday.
Symrise was the biggest drag after lowering its 2026 margin outlook, while Deutsche Bank led gains after stronger-than-expected quarterly profit. The two stocks moved 10.0 percent lower and 3.0 percent higher, respectively.
Why is the DAX down at midday?
Symrise cut its expected 2026 adjusted operating margin to the lower half of its 21.5 to 22.5 percent target range. Its shares fell 10.0 percent, making it the weakest DAX component, stock3 reported.
Deutsche Bank gained 3.0 percent after third-quarter profit exceeded forecasts. Its pretax profit increased 8.0 percent year over year to 2.6 billion euros, Deutsche Boerse reported.
Mixed earnings keep DAX near flat
The DAX was down 11.88 points at 25,578.89 points at noon. Siemens Energy, BMW and Volkswagen gained between 1.8 percent and 2.0 percent, while several large stocks fell between 0.5 percent and 1.1 percent, RTTNews reported.
The latest Xetra opening level was 25,577 points, according to Boersen-Zeitung. The L&S indication was higher than the official midday reading.
What comes next for the DAX?
- October 28, 2026, 2:00 p.m. ET: Federal Reserve rate decision; the target range is expected to remain 3.75 to 4.00 percent, World Reporter reports.
- October 29, 2026, 2:15 p.m. CET: European Central Bank rate decision, with its deposit rate at 2.50 percent, World Reporter reports.
DAX price data for October 28, 2026
The DAX stood at 25,579 points at midday on October 28, 2026, down 12 points or 0.05 percent from 25,591, RTTNews reported. The L&S indication was 25,693 points at 1:37 p.m. CET.
DAX by the numbers on October 28, 2026
- Index: DAX
- Home exchange: Xetra, Germany
- Level at midday on October 28, 2026: 25,579 points
- Change versus previous close of October 27, 2026: down 12 points (down 0.05 percent)
- Previous close: 25,591 points
- L&S indication (1:37 p.m. CET): 25,693 points
- Top gainer: Deutsche Bank up 3.0 percent
- Top loser: Symrise down 10.0 percent
- Next scheduled event: October 28, 2026, 2:00 p.m. ET: Federal Reserve rate decision
