DAX rises 262 points: Adidas leads at midday
Published on 10/29/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAdidas earnings and ECB focus
- At midday, DAX was 25,962 points, up 262 points or 1.0 percent on October 29, 2026.
- Adidas gained 3.2 percent after results confirmed a EUR 2.5 billion operating-profit target.
- Symrise fell 10.2 percent, while Vonovia lost 4.3 percent in midday trading.
- The ECB decision is due at 2:15 p.m. CEST on October 29, with a 2.5 percent deposit rate expected.
The DAX stood at 25,962 points at 12:02 p.m. CEST on October 29, 2026, up 262 points or 1.0 percent. Adidas shares rose 3.2 percent after detailed quarterly results confirmed the sportswear maker's raised 2026 operating-profit target of EUR 2.5 billion.
The benchmark reached its highest level since early September, dpa-AFX via onvista reported. The L&S indication was 25,916 points at 1:15 p.m. CEST, up 202 points or 0.79 percent from 25,714 points.
Why is the DAX higher at midday?
Quarterly earnings supported German shares before the European Central Bank decision. The ECB is widely expected to keep its deposit rate at 2.5 percent, while President Christine Lagarde's comments will draw attention after her announced departure on February 7, 2027, Reuters via Euronext reported.
Adidas reported third-quarter operating profit of EUR 1.008 billion, up 37 percent year over year, and retained its raised full-year target. Those figures helped place the stock among the DAX leaders, Finanzen.ch reported.
Adidas leads while Symrise and Vonovia fall
Adidas gained 3.2 percent in the DAX. Symrise fell 10.2 percent and Vonovia lost 4.3 percent as companies with weaker outlook signals lagged, Investing.com reported.
The DAX was up for a fourth straight session after briefly moving above 26,000 points earlier in the morning. The index had closed at 25,704 points on October 28, according to Saxo Bank.
What comes next for the DAX on October 29?
- October 29, 2026, 2:15 p.m. CEST: ECB interest-rate decision, with the deposit rate expected at 2.5 percent, Borsa Italiana reports.
- October 29, 2026, 2:30 p.m. CEST: U.S. third-quarter GDP and September core PCE inflation, with core PCE expected to rise 0.3 percent month over month and GDP forecast at 3.2 percent, XTB reports.
- October 29, 2026, 2:45 p.m. CEST: ECB President Christine Lagarde's press conference follows the rate decision, Saxo Bank reports.
DAX price data for October 29, 2026
The DAX was at 25,962 points at 12:02 p.m. CEST on October 29, 2026, up 262 points or 1.0 percent from the previous close of 25,700 points, Deutsche Boerse reports. The L&S indication was 25,916 points at 1:15 p.m. CEST.
DAX by the numbers on October 29, 2026
- Index: DAX
- Home exchange: Xetra, Germany
- Level at 12:02 p.m. CEST on October 29, 2026: 25,962 points
- Change versus previous close of October 28, 2026: up 262 points (up 1.0 percent)
- Previous close: 25,700 points
- L&S indication (1:15 p.m. CEST): 25,916 points
- Top gainer: Adidas up 3.2 percent
- Top loser: Symrise down 10.2 percent
- Next scheduled event: October 29, 2026, 2:15 p.m. CEST: ECB interest-rate decision
