VIENNA (dpa-AFX) – The Vienna Stock Exchange left trading with clear premiums on Wednesday ahead of the eagerly awaited announcement of the US key interest rate decision. The leading index ATX gained 1.08 percent to 3211.99 points. There was also positive investor sentiment on the leading European stock exchanges. On Wall Street, price gains also predominated.
“The attention of market participants is entirely focused on the outcome of the US Federal Reserve’s FOMC meeting,” wrote the Helaba analysts. Meanwhile, the players in the money markets have a USInterest rate increase was almost completely priced out in the evening, but the expectation that the interest rate screw will be turned again by the end of the year remains present, it said. In this sense, the focus will be on Fed Chairman Jerome Powell’s monetary policy statements.
In Vienna, the reporting situation at company level was very thin. Andritz shares closed up 1.4 percent. The Styrian machine and plant manufacturer has received an order from the German steel group Salzgitter to build one of Europe’s largest plants for producing hydrogen. No information was provided about the contract value.
The heavily weighted banks rose uniformly and thus supported the ATX. BAWAG shares rose in price by 2.6 percent. Erste Group (Erste Group Bank) increased somewhat more moderately by 0.4 percent and the shareholders of Raiffeisen Bank International (Raiffeisen) were also able to record an increase of 0.4 percent.
The association’s share certificates were also wanted. The electricity supplier’s papers rose 3.8 percent. The shares of industry colleague EVN gained 1.7 percent. The securities of the catering company Do&Co rose by 2.9 percent. With thin sales, the Vienna Airport shares lost 1.1 percent. The fiber manufacturer Lenzing saw an increase of 2.8 percent. voestalpine climbed by 2.1 percent. With very weak trading sales, Warimpex lost 5.1 percent./ste/sp/APA/jha