MDAX closes 1.5 percent higher as Nordex leads

Published on 10/16/2026 at 23:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MDAX ended at 30,657 points on Friday after Fed rate concerns eased; German factory orders are due at 8:00 a.m. CEST Monday.

Rates and company results

MDAX finished at 30,657 points on October 16, up 440 points or 1.5 percent.
Kevin Warsh's speech reduced October rate-hike fears as the MDAX rose 1.46 percent.
Nordex jumped 12.3 percent after raising its full-year margin outlook.
October 19, 2026, 8:00 a.m. CEST: German factory orders for August are due.

MDAX, DE0008467416, Illustration mit AI erstellt.

The MDAX closed at 30,657 points on October 16, gaining 440 points or 1.5 percent as rate and artificial-intelligence concerns eased, onvista reported. A speech by Federal Reserve Chair Kevin Warsh reduced October rate-hike fears as the index gained 1.46 percent, Tagesschau reported.

Nordex rose 12.3 percent after stronger quarterly results and a more optimistic earnings outlook, t-online reported.

Why did the MDAX rebound on Friday?

Warsh did not give specific monetary-policy guidance in a speech. That reduced market expectations for another Federal Reserve rate increase in October.

Technology shares also recovered after a sharp selloff on Thursday. Aixtron reported third-quarter order intake of EUR 275 million, above the EUR 215 million analyst consensus, helping its shares rebound.

Winners and losers in the MDAX

The closing winners and losers came from the Xetra session, according to finanzen.at:

Nordex up 12.3 percent: stronger quarterly results and a higher outlook.
Aixtron up 6.2 percent: order intake and operating profitability beat expectations.
Hensoldt up 6.0 percent: defense stocks continued their recovery.
IONOS down 1.6 percent.
Aurubis down 1.4 percent.
HELLA down 1.0 percent.

MDAX traded near 30,869 points

The index opened at 30,366 points after closing at 30,216 points on October 15. It moved between 30,361 and 30,869 points before finishing at 30,657 points.

The rebound followed gains across defense and selected industrial shares. The move also came as investors reassessed the outlook for US rates and artificial-intelligence spending.

What is next for MDAX on October 19?

October 19, 2026, 4:00 a.m. CEST: China releases third-quarter gross domestic product, industrial production and retail sales data, dpa-AFX reports.
October 19, 2026, 8:00 a.m. CEST: Germany publishes August factory-order data, dpa-AFX reports.

MDAX price data for October 16, 2026

The MDAX closed at 30,657 points on October 16, up 440 points or 1.5 percent from the October 15 close of 30,216 points, onvista reported. The index opened at 30,366 points and traded from 30,361 to 30,869 points.

MDAX by the numbers on October 16, 2026

Index: MDAX
Home exchange: Xetra, Germany
Close on October 16, 2026: 30,657 points
Change versus previous close of October 15, 2026: up 440 points (up 1.5 percent)
Previous close: 30,216 points
Open: 30,366 points
Day high / day low: 30,869 points / 30,361 points
Top gainer: Nordex up 12.3 percent
Top loser: IONOS down 1.6 percent
Next scheduled event: October 19, 2026, 8:00 a.m. CEST: German factory orders for August