MDAX rises 0.69% to 30,681.91 points at midday
Published on 11/02/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMDAX advances at European midday
- The MDAX stood at 30,681.91 points at 12:08 Berlin time on November 2, up 0.69% from the previous close.
- Oil prices fell on reports of diplomatic efforts involving the Iran war, while investors remained cautious before US midterm elections and Apple earnings.
- Salzgitter, Aixtron and TUI were among the strongest MDAX constituents, while Hella and Kion lagged.
The MDAX advanced in European midday trading on Monday, November 2, 2026. The index stood at 30,681.91 points at 12:08 Berlin time, according to finanzen.ch. That represented a gain of 0.69% from the previous close of 30,472.32 points.
Oil prices ease market pressure
Market sentiment benefited from a sharp decline in oil prices after reports of diplomatic efforts aimed at ending the Iran war. In a midday market report, dpa-AFX reported that investors were nevertheless cautious ahead of Tuesday's US midterm elections and Apple's results expected after the US market close. The report also noted that Asian markets had mostly gained earlier in the day.
The MDAX opened at 30,487.72 points, only 0.051% above Friday's close, before extending its advance. Its intraday range at the time of the finanzen.ch report ran from 30,471.04 to 30,709.13 points. The move therefore reflected a positive European session rather than a completed daily result; Xetra trading was still under way.
Constituent performance remains mixed
Within the index, Salzgitter gained 4.33%, Aixtron rose 4.30% and TUI added 3.76%, according to the same finanzen.ch report. Lufthansa and thyssenkrupp also traded higher. Hella was the weakest listed constituent in that snapshot, down 3.59%, followed by Kion, Fuchs, Evonik and flatexDEGIRO.
The market backdrop remained uneven. Technology and industrial shares had been under pressure at the end of the previous week, while the lower oil price offered some relief to energy-sensitive European companies. The reported gains in individual MDAX stocks were not presented as a single index-wide catalyst, so their contribution should be viewed as part of the session's broader market movement.
Index scope and next market risks
STOXX describes the MDAX as an index tracking 50 mid-cap stocks that follow the DAX in size or do not qualify for the DAX because of its profitability requirements. Its stated dissemination period is 09:00 to 18:00 CET, confirming that the November 2 midday reading was an intraday level rather than a close.
Investors will now monitor the US election outcome, Apple earnings and further signals on energy-market diplomacy. The index's next direction will depend on how these external catalysts interact with the ongoing European earnings season. Further MDAX coverage is available on the MDAX topic page.
