Vienna Stock Exchange (close) 2 – ATX with a strong stock market month November | 11/30/20


————————————————– ——————- CORRECTION NOTE In APA0456 from November 30th, 2020 the 3rd paragraph must read correctly: End of 2019 (not: end of 2020) —– ————————————————– ————–
The Vienna Stock Exchange ended Monday trading with clear losses. The ATX fell 1.74 percent to 2,553.78 points. On a monthly basis, however, the domestic leading index gained more than 24 percent.

In addition to the US election victory of the Democratic presidential challenger Joe Biden, he was primarily driven by news about breakthroughs in corona vaccine studies. Some vaccinations against Covid-19 should be available soon, including those from Moderna, Pfizer and Biontech.

For the year as a whole, however, the ATX has not yet been able to work its way out of the red. At the end of 2019, it had gone out of trade at almost 3,187 meters. In order to reach this mark, the domestic leading index is missing a further 24 percent.

Looking at today’s trading, the attention on Monday turned to the Vienna Insurance Group (VIG), whose securities gained 1.73 percent. The insurer was buying the Central and Eastern European business of the Dutch insurer Aegon, it became known. The purchase price amounts to 830 million euros, the closing of the transaction is expected in the second half of 2021.

The heavily weighted bank stocks of Erste and Raiffeisen, which fell by 3.52 and 4.18 percent respectively, were under pressure. The shares in the oil giant OMV also fell (minus 3.79 percent), as did the stocks in the oil field equipment supplier SBO, which fell by 3.34 percent.

Industry-specific news took center stage for oil stocks worldwide. The OPEC + oil network reportedly failed to agree on a short-term production policy during an informal meeting over the weekend. Today and tomorrow the discussions are to be continued in an official round.

(GRAPHIC 1406-20) (Final) push / ste

ISIN AT0000999982


Trade forex with high leverage and small spreads. With only € 100.00 you can benefit from the effect of € 3,000 in capital.

76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford the high risk of losing your money.

Source link


Please enter your comment!
Please enter your name here