VIENNA (dpa-AFX) – The Vienna Stock Exchange closed little changed on Friday. The ATX ended trading at 3398.61 points. Compared to the previous day’s close, this corresponded to a price increase of 0.01 percent. However, on a weekly basis there is a minus of 0.9 percent.
At the end of the week, the focus was on producer prices from the USA, which, however, did not provide any major stimulus. Their increase was 1.0 percent compared to the previous year. 1.3 percent was previously expected. There was a slight decrease month-on-month. The beginning of the US corporate reporting season did not provide any lasting impetus either.
After a double downgrade by Bank of America (BofA) from “Buy” to “Underperform”, Verbund shares lost over four and a half percent to 81.05 euros. BofA set the new price target at 69 euros.
Erste Group (Erste Group Bank) lowered the price target for the shares of the Lower Austrian oilfield equipment supplier SBO from 82.50 to 72.70 euros. The “Buy” investment recommendation was confirmed by expert Vladimira Urbankova. The titles rose by 2.48 percent to 43.35 euros.
Looking at the other individual values, Vienna Airport was little sought after at minus 2.53 percent. EVN and Lenzing lost 1.90 and 1.80 percent, respectively.
In contrast, Frequentis closed higher. They increased in price by 4.69 percent. Rosenbauer rose by 3.38 percent and Raiffeisen Bank International (Raiffeisen) by 2.69 percent./sto/ste/APA/mis