DAX closes higher as Rheinmetall leads with 2.9 percent
Published on 10/12/2026 at 22:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The DAX closed at 25,278 points on October 12, up 190 points or 0.76 percent.
- Brent crude rose toward USD 107 a barrel, limiting the DAX advance.
- Rheinmetall gained 2.9 percent, while Infineon fell 2.6 percent.
- German CPI is due October 13 at 8:00 a.m. CEST, with 3.3 percent annual inflation expected.
The DAX closed at 25,278 points on October 12, up 190 points or 0.76 percent. The index benefited from easing energy-supply concerns, while Brent crude later rose toward USD 107 a barrel, Anadolu Agency reported.
Rheinmetall led the advance with a 2.88 percent gain after Morgan Stanley adopted a more positive view of the defense sector. The DAX added 56 points from its 25,222-point midday level.
Why did the DAX rise on Monday?
Announcements of an agreement between Ukraine and Russia on energy infrastructure eased supply concerns, according to Anadolu Agency. A European Union and China agreement on hybrid vehicle import quotas also supported automakers. Slightly lower bond yields added support, although rising oil prices limited the gain.
Rheinmetall leads DAX winners
- Rheinmetall up 2.9 percent: Morgan Stanley took a more positive view of the defense sector, Trading Economics reports
- RWE up 2.2 percent: optimism over possible electricity-tax relief supported utilities
- Zalando up 1.7 percent
- Infineon down 2.6 percent: semiconductor shares weakened amid concerns about AI investment returns
- Daimler Truck down 0.9 percent
- Mercedes-Benz down 0.8 percent
Deutsche Boerse said the DAX rose 0.8 percent despite sharply higher oil prices. The market also remained above the 25,000-point level breached several times last week, finanzen.net reported.
What comes next for the DAX
- October 13, 2026, 8:00 a.m. CEST: Germany publishes final September consumer prices; annual inflation is expected at 3.3 percent, Borsa Italiana reports
- October 13, 2026, 12:45 p.m. ET: JPMorgan releases third-quarter results as US banks begin earnings season, dpa-AFX reports
- October 14, 2026, 8:30 a.m. ET: US September consumer prices are scheduled, with annual headline inflation expected at 3.6 percent, CMC Markets reports
