Euro Stoxx 50 closes 0.3 percent lower as oil and luxury slide

Published on 10/23/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Euro Stoxx 50 ended at 6,068 points after oil reached USD 115.45 and luxury shares fell; Germany's Ifo survey is due Monday at 10:00 a.m. CET.

Closing balance and next dates

Euro Stoxx 50 finished at 6,068 points on October 23, down 19 points or 0.3 percent.
Brent crude reached USD 115.45 as eurozone composite PMI slowed to 51.9 from 53.1.
Eni was the top gainer, up 3.3 percent, while Deutsche Telekom fell 3.5 percent.
Germany's Ifo business climate index is due October 26 at 10:00 a.m. CET.

Euro Stoxx 50, EU0009658145, Illustration mit AI erstellt.

The Euro Stoxx 50 closed on October 23 at 6,068 points, down 19 points or 0.3 percent. Rising oil prices and weak luxury earnings outweighed support from energy shares, dpa-AFX via Investing.com reported.

Eni rose 3.3 percent after raising its shareholder-return plans, while Deutsche Telekom fell 3.5 percent. The luxury sector remained under pressure after Kering's Gucci sales declined, Reuters via Centre Daily reported.

Why did Euro Stoxx 50 fall on October 23?

Brent crude reached USD 115.45 as attacks in Saudi Arabia increased concerns about energy supplies. The higher oil price added to inflation worries across European markets, Newsquawk reported.

Eurozone composite purchasing managers' index (PMI) growth slowed to 51.9 from 53.1. France's composite PMI fell to 48.4 from 51.1, while Germany's composite reading declined to 52.8 from 53.8, Newsquawk reported.

Euro Stoxx 50 winners and losers

Winners and losers at 3:40 p.m. CEST according to finanzen.ch:

Eni up 3.3 percent: the company raised its buyback plans and announced a special dividend.
BMW up 0.5 percent.
Rheinmetall up 0.2 percent.
Deutsche Telekom down 3.5 percent.
Siemens Energy down 2.8 percent.
Infineon down 2.0 percent.

Euro Stoxx 50 course and market context

The index opened at 6,094 points after closing at 6,087 points on Thursday. It reached 6,097 points at the high and 6,021 points at the low before finishing near the session floor. The Euro Stoxx 50 lost 2.2 percent during the week, according to dpa-AFX via Investing.com.

What comes next for Euro Stoxx 50

October 26, 2026, 10:00 a.m. CET: Germany's Ifo business climate survey for October, with a forecast of 89.8 against 89.9 previously, La Nacion reported.
October 29, 2026, 2:15 p.m. CET: European Central Bank interest-rate decision, followed by Christine Lagarde's press conference at 2:45 p.m. CET, Yelza reported.
October 30, 2026, 11:00 a.m. CET: preliminary eurozone third-quarter gross domestic product release.

Euro Stoxx 50 price data for October 23, 2026

The Euro Stoxx 50 closed at 6,068 points on October 23, 2026, down 19 points or 0.3 percent from 6,087 points. It opened at 6,094 points and traded between 6,021 and 6,097 points, dpa-AFX via Investing.com reported.

Euro Stoxx 50 by the numbers on October 23, 2026

Index: Euro Stoxx 50
Home exchange: STOXX, Europe
Close on October 23, 2026: 6,068 points
Change versus previous close of October 22, 2026: down 19 points (down 0.3 percent)
Previous close: 6,087 points
Open: 6,094 points
Day high / day low: 6,097 points / 6,021 points
Top gainer: Eni up 3.3 percent
Top loser: Deutsche Telekom down 3.5 percent
Next scheduled event: October 26, 2026, 10:00 a.m. CET: Germany's Ifo business climate survey