SDAX closes 1.4 percent higher as Ifo lifts small caps

The SDAX closed 250 points or 1.4 percent higher at 18,356 points on October 26, 2026. German business sentiment improved as the Ifo business climate rose to 90.2 points from 89.9 in September, dpa-AFX via finanzen.net reported.

OHB and ATOSS Software each gained 8.7 percent, while HelloFresh was the weakest SDAX member at 4.7 percent lower. Deutsche Pfandbriefbank fell 2.5 percent after Metzler cut its price target and maintained its sell rating, dpa-AFX via finanzen.net reported.

Why did the SDAX rise on Monday?

The Ifo business climate reached 90.2 points in October, above the 90.0-point forecast. The reading marked a sixth consecutive monthly improvement, while companies became more optimistic about future conditions, RTTNews reported.

Easing crude prices and relatively stable bond yields also accompanied gains across European equities. Brent crude stood at USD 114.96, down 1.5 percent, while gold rose 0.5 percent to USD 4,016.75, Dow Jones Newswires via finanzen.net reported.

Winners and losers in the SDAX

• OHB up 8.7 percent, according to finanzen.net
• ATOSS Software up 8.7 percent, according to finanzen.net
• LPKF Laser Electronics up 6.6 percent, according to finanzen.net
• HelloFresh down 4.7 percent, according to finanzen.net
• Hypoport down 2.8 percent, according to finanzen.net
• Deutsche Pfandbriefbank down 2.5 percent, according to dpa-AFX via finanzen.net

SDAX trading range and yearly context

The index opened at 18,154 points after closing at 18,107 points on October 23, 2026. It traded between 18,154 points and 18,447 points, with the high reached during the session, finanzen.net reported. The annual high stood at 19,326 points, leaving the close below that level.

What comes next for the SDAX

• October 27, 2026, 9:00 a.m. CEST: Xetra trading resumes after the Monday close.
• October 27, 2026, 8:00 a.m. CEST: Beiersdorf publishes third-quarter results, according to dpa-AFX via Ariva.
• October 27, 2026, 2:30 p.m. CEST: US durable goods orders for September are due, with a 1.4 percent consensus increase, Deutsche Boerse reported.
• October 27, 2026, 3:00 p.m. ET: US consumer confidence is expected at 80.3 points after 81.9 points in September, according to Deutsche Boerse.

SDAX price data for October 26, 2026

The SDAX closed at 18,356 points on October 26, 2026, up 250 points or 1.4 percent versus the previous close of 18,107 points, Deutsche Boerse showed. The index opened at 18,154 points and traded from 18,154 points to 18,447 points.

More market reports and analysis on the SDAX