Euro Stoxx 50 gains 0.5 percent as banks lead
Published on 10/12/2026 at 22:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Euro Stoxx 50 closed at 6,201 points on October 12, up 28 points or 0.5 percent.
- Banks led gains as hopes for an energy ceasefire eased supply concerns and oil prices fell.
- Rheinmetall was the top gainer at 2.5 percent, while Infineon fell 2.8 percent.
- Final German September inflation data are due October 13 at 8:00 a.m. CEST, with 3.3 percent expected.
The Euro Stoxx 50 closed at 6,201 points on October 12, gaining 28 points or 0.5 percent. Hopes for an energy ceasefire between Russia and Ukraine helped ease supply concerns, while oil prices declined, Anadolu Agency reported.
Banking stocks led the advance as investors prepared for the start of the earnings season. Rheinmetall rose 2.5 percent, while Infineon fell 2.8 percent, according to finanzen.at.
Why did the Euro Stoxx 50 rise on Monday?
European shares benefited from easing energy-supply concerns after announcements of a proposed Russia-Ukraine energy agreement. A slight decline in bond yields also supported risk assets, while Brent crude remained near USD 107 a barrel and limited the advance, Anadolu Agency reported.
Reuters said banks led European gains as oil prices eased and investors awaited corporate earnings. LVMH was scheduled to release third-quarter revenue after the European close, while ASML was due later in the week, Reuters via US News reported.
Rheinmetall leads while Infineon lags in the Euro Stoxx 50
- Rheinmetall up 2.5 percent, finanzen.at reports
- SAP up 1.6 percent, finanzen.at reports
- Eni up 1.6 percent, finanzen.at reports
- Infineon down 2.8 percent, finanzen.at reports
- Mercedes-Benz Group down 0.8 percent, finanzen.at reports
- BASF down 0.8 percent, finanzen.at reports
Banks and utilities advanced, while energy shares lagged. The broader STOXX Europe 600 gained 0.7 percent to 635.65 points, according to Anadolu Agency.
The Euro Stoxx 50 recovered from an early low
The index opened at 6,176 points after closing at 6,173 points on October 9. It traded between 6,176 points and 6,222 points before finishing at 6,201 points, finanzen.at reported.
What comes next for the Euro Stoxx 50?
Final German September consumer-price data are scheduled for October 13 at 8:00 a.m. CEST. The harmonized inflation rate is expected at 3.3 percent year over year and 0.6 percent month over month, according to Borsa Italiana.
