SDAX closes at 18,012.80 points, down 1.39 percent after late selling
Published on 11/05/2026 at 22:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSDAX closes lower after late selling
- The SDAX ended Thursday's Xetra session at 18,012.80 points, down 1.39 percent from the previous close.
- Technology weakness and a negative US market opening weighed on European equities, while the rotation out of chip stocks continued.
- HelloFresh was among the strongest SDAX constituents, whereas LPKF Laser & Electronics and PVA TePla recorded particularly sharp losses.
The SDAX ended Thursday, November 5, 2026, lower after giving up its early advance. The small-cap index closed the Xetra session at 18,012.80 points, down 253.42 points or 1.39 percent from Wednesday's closing level of 18,266.22 points, according to finanzen.ch. The report records the index level at 17:30 Berlin time and identifies it as the Xetra close.
Early gains reverse by the close
The SDAX had started the session 0.539 percent higher at 18,364.75 points, but selling pressure increased later in the day. The index traded between 17,948.59 and 18,491.78 points before finishing near the lower end of that range. The decline followed a broader weakening in European markets as investors reacted to a negative opening in the United States.
A Dow Jones Newswires market report published by MarketScreener said that the rotation out of chip stocks and into more cyclical sectors continued in Europe and the United States. Technology stocks were described as the weakest sector in that market session. The report also pointed to stronger-than-expected eurozone producer-price data as a factor reinforcing expectations that a European Central Bank rate increase in December may become more pressing.
Wide dispersion among constituents
The move in the index concealed substantial differences among individual SDAX shares. HelloFresh gained 11.47 percent, while Evotec rose 7.14 percent and Hypoport added 5.01 percent, according to finanzen.ch. On the weaker side, LPKF Laser & Electronics fell 11.80 percent, PVA TePla lost 11.51 percent, and OHB declined 10.00 percent.
This dispersion suggests that company-specific news remained important even as the broader market turned defensive. For investors, the session therefore combined a relatively moderate index decline with much larger moves in individual small-cap holdings. Such breadth can increase the risk of relying on the index alone when assessing portfolio performance.
The SDAX is a performance index covering smaller German-listed companies and is calculated on the basis of Xetra prices. Further reports and index coverage are available on the SDAX topic page.
