Vienna (dpa -AfX) – The Viennese stock exchange recovered from the weaker on Monday. The ATX was 1.04 percent higher at 4,400.44 points at the end of the trade. In doing so, he ironed out the losses of the two of them and returned to the 4,400-point mark, which he had previously been oriented for around a month. For the ATX Prime, it was 0.93 percent high to 2,209.50 points.
After Israel and Iran continued the mutual attacks over the weekend, the markets now have hope that the escalation spiral will at least not turn any further. As the “Wall Street Journal” reported on Monday afternoon, Iran signaled willingness to talk about an end to hostility and the return to the nuclear negotiations.
Pressure from the share prices also took the fact that oil prices made their profits from Friday again to a part, which should dampen the fear of inflation. Here, market observers pointed out that the Hormus road has not yet been interrupted as an important shipping route.
In the further course of the week, interest should also be aimed at a number of interest decisions. In the second half of the week, among other things, the resolutions of the US Federal Reserve and the Bank of England are pending.
At the start of the week on the Vienna stock market, the development was powered by firmer bank shares. The first Group (Erste Group Bank) grew three percent as ATX leader.
Bawag (Bawag) and RBI recovered by up to 1.3 percent. Among the other heavyweights, Andritz stabilized with a plus 1.3 percent, while OMV lost moderate 0.2 percent. Association fell by 0.6 percent./spa/apa/jha