Stock Market Week 45/26: RENIXX Gains 5.9 Percent After US Election – Sunrun Jumps Nearly 36 Percent – Daqo, First Solar, CATL and EDP Renewables Up Double Digits – Bloom Energy Slumps

Münster – The RENIXX World rose sharply last week following the US congressional elections. Sunrun, Daqo New Energy and First Solar led the list of gainers. Bloom Energy and Samsung SDI, by contrast, came under pressure.

With the weekly gain, the RENIXX World moved back slightly into positive territory for the year to date, but remains well below its annual high of June 2026. Following the Democrats’ election victory in both chambers of the US Congress, investors are betting on more reliable framework conditions for renewable energy in the US. At the same time, the International Energy Agency (IEA) expects global renewable capacity additions of almost 4,800 GW by 2031, with security of supply becoming increasingly important.

RENIXX Rises 5.9 Percent to 1,139 Points – Sunrun and Daqo Lead List of Gainers

The RENIXX World closed at 1,139.13 points on Friday, November 6, 2026. Compared with the previous week (1,075.65 points on October 30, 2026), this is a gain of 5.9 percent, or 63.48 points. The biggest share price gains were recorded by Sunrun (+35.5 percent), Daqo New Energy (+17.7 percent), First Solar (+15.9 percent), CATL (+14.7 percent) and EDP Renewables (+14.6 percent). Among the losers were Bloom Energy (-14.3 percent), Samsung SDI (-10.2 percent), SolarEdge (-8.0 percent), Ballard Power (-3.5 percent) and Meridian Energy (-0.7 percent). On a year-to-date basis, the RENIXX is thus back slightly in positive territory (+0.8 percent, or 8.76 points, versus December 30, 2025). The gap to the previous 52-week high of 1,533.57 points (June 2, 2026) nevertheless remains around 25.7 percent.

Company News, Week 45/26

US solar provider Sunrun benefited on the stock market from the election outcome and its quarterly results. The company reported growth in its direct business again. Sunrun shares jumped 35.5 percent over the week to EUR 8.97.

EDP Renewables raised its adjusted net profit by 133 percent to EUR 439 million in the first nine months of 2026. According to the company, around 5 GW of wind, solar and storage capacity is to be added by 2028. The US accounts for about 60 percent of planned gross investment. The share rose 14.6 percent to EUR 14.31.

Danish offshore wind group Ørsted significantly increased its operating earnings in the third quarter. The share gained 12.6 percent over the week to EUR 19.80.

Wind turbine manufacturer Nordex continues its economic upward trend. In the third quarter, group profit almost tripled, while operating earnings more than doubled. Nordex shares rose 12.6 percent over the week to EUR 42.32.

Bloom Energy, by contrast, came under pressure amid share price losses among data centre stocks. Despite an order from NTT Data for 900 MW, the share lost 14.3 percent and closed at EUR 156.20.

Technical Picture: RENIXX Recovers, Downtrend Persists

After closing at 1,075.65 points on October 30, 2026, the RENIXX recovered markedly last week. On Wednesday, November 4, the index reached 1,173.16 points during trading, briefly moving above the resistance zone of 1,145 to 1,160 points. On a closing basis, however, it was unable to hold above that level. On Friday, the RENIXX closed at 1,139.13 points.

The index is thus trading above its 20-day moving average (MA20) again, but remains below the MA50 and MA200. The primary downtrend since the 52-week high of 1,533.57 points on June 2, 2026 therefore remains intact. The resistance zone of 1,145 to 1,160 points remains decisive for a continuation of the recovery. The range of 1,078 to 1,090 points continues to act as support. The Relative Strength Index (RSI, 14 days) stands at 51.7, in neutral territory.

RENIXX Starts New Trading Week with Losses

At the start of the week on Monday, November 9, 2026, the RENIXX is falling markedly. Among the biggest losers in early trading are Samsung SDI, CATL, BYD, Goldwind and Enphase Energy. Bucking the trend, gainers include Nordex, Meridian Energy, Grenergy Renovables, EDP Renewables and Erg S.p.A.

About the Global RENIXX World Equity Index and the Planned RENIXX ETF

The RENIXX® World (Renewable Energy Industrial Index, ISIN: DE000RENX014) is the world’s first equity index for renewable energies and the oldest global market barometer for this industrial future sector. It covers wind energy, solar energy, bioenergy, geothermal energy, hydropower, electric mobility, hydrogen and fuel cells. The index comprises 30 international companies with the highest free-float market capitalisation and reflects both the performance and the global market development of the renewable energy industry. The RENIXX launched on May 1, 2006 with a base value of 1,000 points; a back-calculation to 2002 has been carried out. The index is available via leading financial media and data providers such as Bloomberg, Reuters, Financial Times, BlackRock (Aladdin) or Wallstreet Online. The companies included in the RENIXX currently have a free-float market capitalisation of around EUR 230 billion. On the occasion of its 20th anniversary, IWR plans to launch an exchange-traded fund (ETF) that makes the RENIXX transparent, regulated and investable.

Source: IWR Online, 09 Nov 2026