Euro Stoxx 50 falls 0.6 percent as PMI misses
Published on 10/23/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPMI miss and afternoon catalysts
- At 12:10 p.m. CEST, the benchmark stood at 6,049 points, down 38 points or 0.6 percent.
- The euro-area composite PMI fell to 51.9 from 53.1, below the 52.7 forecast.
- Eni was the strongest listed gainer at 2.1 percent, while SAP fell 2.3 percent.
- U.S. flash PMIs are due at 3:45 p.m. CEST on October 23, 2026.
The Euro Stoxx 50 fell 38 points, or 0.6 percent, to 6,049 points at 12:10 p.m. CEST on October 23, 2026, finanzen.ch reported. The decline followed a weaker euro-area flash composite PMI of 51.9 versus 52.7 expected, Reuters said.
Eni rose 2.1 percent after the energy company announced a larger shareholder distribution and a higher buyback program, Newsquawk reported. SAP fell 2.3 percent, while oil remained above USD 114 and kept pressure on European risk appetite.
Why is the Euro Stoxx 50 lower today?
The composite PMI slowed to 51.9 in October from 53.1 in September. It missed the 52.7 consensus and marked the weakest expansion since June. The services PMI fell to 51.7 from 53.0, against a 52.5 forecast. The manufacturing PMI slipped to 52.4 from 52.9, below the 52.7 expectation, Reuters reported.
Brent crude rose to USD 114.31 a barrel as Middle East tensions raised supply concerns. The move added to inflation worries while the index remained below Thursday's close, Bloomberg reported.
Euro Stoxx 50 winners and losers
At 9:12 a.m. CEST, the STOXX-tracked list showed the following gainers and losers, according to finanzen.at:
- Eni up 2.1 percent: stronger shareholder returns supported the shares.
- Infineon up 1.8 percent.
- Siemens Energy up 1.2 percent.
- SAP down 2.3 percent.
- Deutsche Telekom down 2.2 percent.
- adidas down 2.1 percent.
Euro Stoxx 50 course at midday
The index opened at 6,094 points after closing at 6,087 points on October 22. It reached 6,097 points at its session high and 6,039 points at its low before trading near 6,049 points. The benchmark was down 2.6 percent for the week and up 3.4 percent since the start of 2026.
What comes next for the Euro Stoxx 50
- October 23, 2026, 3:45 p.m. CEST: U.S. flash services PMI, with 57.9 expected and 58.8 previously, Borsa Italiana lists.
- October 23, 2026, 3:45 p.m. CEST: U.S. flash manufacturing PMI, with 55.4 expected and 55.9 previously, Borsa Italiana lists.
- October 23, 2026, 4:00 p.m. CEST: final University of Michigan consumer sentiment data are scheduled.
Euro Stoxx 50 price data for October 23, 2026
The Euro Stoxx 50 stood at 6,049 points at 12:10 p.m. CEST on October 23, 2026, down 38 points or 0.6 percent from 6,087 points, finanzen.ch reported. The index opened at 6,094 points and traded between 6,039 points and 6,097 points.
Euro Stoxx 50 by the numbers on October 23, 2026
- Index: Euro Stoxx 50
- Home exchange: STOXX, Europe
- Level at 12:10 p.m. CEST on October 23, 2026: 6,049 points
- Change versus previous close of October 22, 2026: down 38 points (down 0.6 percent)
- Previous close: 6,087 points
- Open: 6,094 points
- Day high / day low: 6,097 points / 6,039 points
- Top gainer: Eni up 2.1 percent
- Top loser: SAP down 2.3 percent
