The Vienna Stock Exchange worked its way into the profit zone in early trading on Thursday. The domestic leading index ATX gained a clear 1.52 percent to 2,288.48 points around 9.45 a.m. The leading European stock exchanges are also clearly on the up.
One of the determining topics on the reporting day is the upcoming US labor market figures. According to the Helaba experts, it is questionable whether good labor market data will lead to a higher risk appetite in the long term. Because the sentiment is shaky in the current environment, because the infection numbers in the United States are increasing and the risk for the economic outlook remains, the experts said.
The domestic market is still very thin. Across Europe, the banking stocks are in strong shape and the Austrian sector representatives have followed this trend. Erste Group’s shareholders posted a share price increase of almost four percent. Raiffeisen Bank International rose 3.4 percent and Bawag grew 2.9 percent.
Among the other heavyweights, voestalpine increased by 1.6 percent and Wienerberger built a gain of 1.3 percent. Andritz and OMV are increasing by 0.8 and 0.7 percent, respectively. In contrast, Verbund share certificates fell by 0.4 percent.
Striking price movements were also presented by Vienna Airport (plus 3.7 percent) and at the other end of the course list FACC (minus 3.5 percent).
(Final) ste / mik
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