VIENNA (dpa-AFX) – The Vienna Stock Exchange continued the previous day’s consolidation on Thursday. In the meantime, the ATX was clearly in the red, but gradually regained ground and ultimately rose above the previous day’s line. At the end of trading, the leading index was trading at 5,412.09 points, 0.04 percent above Wednesday’s close. The ATX Prime stood still at 2,689.00 points. The European environment also closed without a clear direction.
In the middle of the week, the ATX closed at a slight discount for the first time, after recording twelve consecutive days of gains as part of its year-end rally. On the reporting day, however, there was overall reluctance with regard to the US labor market report expected on Friday. Even strong order numbers from German industry could not provide any significant boost.
While the news situation on the Austrian market remained largely calm on the corporate side, investors took profits on some stocks. AT&S (ATS (AT&S)) in particular lost seven percent at the end of the ATX, meaning that the gains of the previous days have largely been lost. The stocks were the biggest winners in the leading index last year, but they continue to show strong fluctuations.
Wienerberger (Wienerberger) ultimately gained 0.1 percent to 29.70 euros, although UBS expert Julian Radlinger had reiterated his “sell” recommendation including a price target of 25 euros. In view of the development in new European residential construction and downward risks on the earnings side, it is too early to buy the shares, the analyst argued in an industry study.
Frequentis, meanwhile, closed among the best stocks in the prime market with an increase of 4.1 percent. Across Europe, arms stocks benefited from Trump’s statements that he was planning a significant increase in the arms budget for 2027. Frequentis develops, among other things, solutions for airspace surveillance./spa/sto/APA/men