WIEN However, the worries on the financial markets did not diminish, wrote the Helaba analysts. According to the experts, a lot of negative things have now been priced in. However, disappointing economic indicators from the euro area were published on Wednesday, fueling fears of a recession again. In late trading, negative impulses also came from Wall Street. The US stock exchanges were deep in the red.
On the Austrian stock market, the reporting situation on the company side was very thin. The price cuts went right through the industries. The Lenzing shares attracted the attention of investors with a price drop of 8.4 percent. The Semperit shares lost 2.9 percent and Marinomend saw a price drop of 6.9 percent on very thin sales. Immofinanz fell by 3.8 percent.
Voestalpine lost 2.2 percent. Shares were up more than 6 percent on Tuesday. In the technology sector, AT&S shares weakened by 2.1 percent. Raiffeisen Bank International shares fell 0.5 percent after jumping 6.5 percent the previous day.
OMV shares gained 1.1 percent and shares in oilfield outfitter Schoeller-Bleckmann gained 1 percent. Both stocks may have benefited from higher crude oil prices. The automotive supplier Polytec saw an increase of 3.2 percent.
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