Aktien Wien Synopsis: ATX slipped into the red | newsletter

Indexes in this article

ATX

3,086.7
-1.1%

VIENNA (dpa-AFX) – The Vienna Stock Exchange closed significantly lower on Tuesday. ATX fell 1.14 percent to 3,086.74 points. ATX Prime fell 1.08 percent to 1560.04 points.

After a positive start, the leading domestic index slipped into the red during the morning, only recovering in the afternoon thanks to a rally in US futures. After the stock exchange in New York started, the indices on Wall Street plummeted, which is likely to have affected ATX again.

Economic data was mixed. The ZEW Balance of Economic Outlook for Germany’s Barcelona rose 6.3 to -28.0 points in June, but remained somewhat behind expectations. There was no surprise on the part of US producer prices. It rose 10.8 percent year on year in May, after 10.9 percent in April.

Investors’ attention should already be focused on the US Federal Reserve’s interest rate decision tomorrow, Wednesday. The Fed is likely to raise the key rate significantly again here in order to combat high inflation. An agreed step is 0.5 percentage point larger. More and more analysts are expecting a stronger increase of 0.75 points.

Flughafen Wien Group shares were flat throughout the day. The airport operator has raised expectations for the current fiscal year due to the renewed increase in passenger numbers. For 2022, the airport operator now expects sales of around 640 million euros (previously: 560 million euros) and annual profits of at least 80 million euros (previously: 20 million euros).

Heavyweight banks were among the main losers. While shares of Bawag and Raiffeisen Bank International (RBI) fell 2.4 and 2.7 percent, respectively, shares of Erste Group fell 3.2 percent.

After oil prices rose sharply again on Tuesday, the papers of the partially state-owned oil company OMV managed to rise 1.1 percent.

On the other hand, Zumtobel titles managed the biggest gain, up 2.4 percent after big losses the day before. / spo/pma/APA/nas