DAX, DE000LUSDAX6

DAX closes 1.38 percent higher at 26,052.75 points after ECB decision

Published on 10/29/2026 at 19:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The DAX closed sharply higher on October 29, extending its winning streak after the European Central Bank left interest rates unchanged. Strong gains in Adidas, Bayer and Deutsche Bank outweighed declines in Vonovia and SAP.

DAX ends higher after ECB pause

  • The DAX closed at 26,052.75 points on October 29, gaining 354.32 points.
  • Adidas, Bayer and Deutsche Bank were among the strongest DAX performers, while Vonovia and SAP lagged.
  • The ECB left its three key interest rates unchanged but highlighted upside inflation risks from higher energy prices.
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The DAX closed at 26,052.75 points on Thursday, October 29, 2026, up 354.32 points from the previous session. The closing level and change were shown by Deutsche Börse on its 15-minute-delayed market page at 17:59:33 Berlin time, after the Xetra session had ended. Based on the reported point change, the index gained 1.38 percent.

ECB decision supports risk appetite

The European Central Bank kept its three key interest rates unchanged on October 29. According to the ECB, the deposit facility rate remains at 2.50 percent, the main refinancing rate at 2.65 percent and the marginal lending facility rate at 2.90 percent. The central bank also warned that higher energy prices create upside risks for inflation and downside risks for growth.

The decision was widely expected, while the accompanying assessment left future policy moves open. Trading Economics reported that investors were also weighing corporate earnings and that the DAX recorded a fourth consecutive session of gains.

Adidas leads earnings-driven advance

Adidas was the strongest DAX performer in the closing snapshot, rising 5.76 percent after reporting record profits and raising its full-year outlook, according to Investing.com. Bayer gained 4.19 percent and Deutsche Bank rose 3.78 percent. Rheinmetall also advanced, supported by an option order for 69 Schakal infantry fighting vehicles, as reported by Trading Economics.

Not all earnings signals were positive. Vonovia fell 3.01 percent after preliminary nine-month results and a more cautious full-year outlook, while SAP declined 1.09 percent. The broad advance nevertheless left the index at a new one-month high, according to the closing market report from Investing.com.

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