Bullish
Euro Stoxx 50 rises 0.5% to 6,201 points as banks lead gains amid easing oil prices.
The Euro Stoxx 50 index closed at 6,201 points on October 12, 2026, up 0.5%. Banks led the gains as oil prices declined, alleviating supply concerns. Rheinmetall was the top performer, rising 2.5%, while Infineon declined by 2.8%. Investors are awaiting final German inflation data for September, scheduled for release on October 13 at 8:00 a.m. CEST, with expectations of a 3.3% increase.
Key points
- Banks lead gains as oil prices decline, easing supply concerns.
- Rheinmetall rises 2.5%, Infineon falls 2.8%.
- Final German inflation data for September due on October 13 at 8:00 a.m. CEST.
Sources
AI-generated from public news sources. Not financial advice.
