Shares Vienna end: ATX very firm with plus 1.50%


VIENNA (dpa-AFX) – The Vienna Stock Exchange closed on Tuesday with clear price gains. The ATX rose 39.95 points, or 1.50 percent, to 2,697.87 units. The international environment was mostly friendly.

On the one hand, hopes for Brexit and on the other hand, current economic data from China, which showed that not only industry, but also retail and investment continue to grow, are providing a boost. Market observers also referred to reports on progress in negotiations on a further US economic stimulus package and to Wall Street, which is tending to be friendly.

The reporting situation for Austrian companies remained very thin. On the data side, new US figures came into focus in the afternoon: The New York Empire State production indicator fell slightly, while import prices fell again over the year. US industrial production rose slightly more than expected in November.

Austrian bank stocks were on investors’ shopping lists. Raiffeisen rose by 2.49 percent and Erste Group rose by 1.56 percent. BAWAG shares closed down 0.43 percent.

Among the oil values, Schoeller-Bleckmann was able to increase significantly by 2.89 percent. OMV improved by 1.18 percent. At the Schwechat refinery, OMV intends to gradually invest almost 200 million euros in the production of biofuels from vegetable oils and liquid waste such as used cooking oil by 2023.

In the case of utilities, Verbund moved up 4.69 percent with good sales, leading the list of winners in the Prime Market. EVN showed themselves to be 0.25 percent higher in the run-up to the publication of the figures on Wednesday.

Wienerberger shares rose by 0.65 percent to EUR 24.90. The analysts at Deutsche Bank have raised their target price from EUR 28.0 to EUR 30.0. The investment recommendation is “Buy”.

The Porr shares were clearly firmer than the day before, up 3.80 percent. Vienna Airport, on the other hand, came back slightly after the clear previous day’s profits and fell by 1.43 percent ./ger/pma/APA/eas

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