SDAX ends Friday 1.08% lower at 17,758.85 points
Published on 11/13/2026 at 22:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSDAX closes lower after weak session
- The SDAX ended Friday at 17,758.85 points, down 1.08% from Thursday's close.
- GFT Technologies fell 10.3% after MPCM cut its rating and cited higher capital costs.
- Deutsche Pfandbriefbank dropped 7.3% after weak quarterly results and a surprise outlook reduction.
The SDAX closed Friday at 17,758.85 points, down 1.08% from Thursday's close of 17,953.63 points. The index opened at 17,892.62 points and traded as high as that level before reaching a daily low of 17,725.50 points, according to finanzen.ch.
Technology weakness weighs on sentiment
Pressure on technology stocks was visible across European markets as investors reacted to heavy losses in US semiconductor shares. A report by dpa-AFX, published by TraderFox, said GFT Technologies was the weakest SDAX constituent, falling 10.3%. Analyst Felix Ellmann of MPCM lowered his rating on the software provider from Buy to Hold, citing expectations of higher capital costs.
Deutsche Pfandbriefbank lost 7.3% and reached a record low. The lender had already come under pressure on Thursday after reporting weak quarterly results and unexpectedly reducing its full-year targets.
Defensive support remains selective
Energy stocks provided a limited counterweight. Eon gained 1.7% and RWE rose 0.6% amid reports that the German government could buy Berlin's stake in UK-based nuclear fuel producer Urenco. Deutsche Euroshop also advanced 2.6% after reporting higher rental income, tenant compensation and lower costs for the first nine months, while its earnings outlook had been raised earlier in November.
For investors, the session highlighted the sensitivity of German small caps to higher financing costs and renewed uncertainty around technology valuations. The SDAX remained 0.505% lower for the week, while it was still up 2.32% in 2026, based on the closing market data cited by finanzen.ch.
