MDAX gains 0.73 percent at midday as pharma shares lead rebound
Published on 10/06/2026 at 16:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The MDAX rose 0.73 percent to 30,650.25 points at 12:08 p.m. CEST on October 6, extending the rebound from Monday's close at 30,426.98 points. The index opened at 30,540.54 points and touched a low of 30,462.86 points, according to Finanzen.ch.
Drivers of the day
Pharmaceutical stocks led the advance. Sartorius preferred shares gained 6.40 percent, while the wider European health care sector benefited from merger speculation involving U.S. infusion therapy provider Option Care Health, according to Tradegate BSX. Thyssenkrupp rose 2.84 percent as reports of Japanese interest in TK Elevator supported the shares.
Fraport fell 1.95 percent after Barclays cut its rating to Underweight. Hensoldt declined 3.00 percent, while Renk lost 2.60 percent. The broader advance followed gains in technology shares and easing bond-market pressure, with the MDAX up 0.84 percent at 30,682 points in late morning trading, Deutsche Boerse reported.
What is still ahead today
U.S. weekly ADP employment data was scheduled for 2:15 p.m. CEST, followed by the August trade balance at 2:30 p.m. CEST. The calendar also listed the U.S. 3-year Treasury auction at 6:00 p.m. CEST, according to Deutsche Boerse. The MDAX session continues on Xetra until the closing auction on October 6.
