ATX Trends: Vienna Airport … | boerse-social.com

04/14/2020 Austria

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Yesterday, the main European stock exchanges were still closed due to the Easter weekend, having started the long weekend with good earnings before the Easter weekend thanks to the Fed’s loan program. The EuroStoxx 50 It was able to rise 1.5% on Thursday, the market in Paris grew 1.4%, in Germany there was a 2.2% plus for the Dax and in London the FTSE 100 closed significantly better with 2.9% growth. The national stock exchange showed an even clearer improvement, the ATX closed Thursday with a gain of 3.3%.

This week, tomorrow’s inflation data for Spain, Italy and France are on the agenda, next Thursday inflation in Germany and industrial production in the euro zone, and inflation in Austria and the euro zone on Friday, as well as the Italian trade balance. Corporate results are expected tomorrow for ASML and Tom Tom, Thursday’s sales for L’Oreal, LVMH and Schneider Electric on Friday.

US stock markets returned yesterday with losses over the Easter weekend, the news situation continued to be dominated by the crown pandemic and the price of oil after major oil producing countries agreed to an unprecedented acceleration. There was also a reluctance to see corporate reports starting this week, and profit taking was announced after the strong week before. The Dow Jones had to close 1.4% weaker at the end, but was able to recover a bit from provisional losses towards the end of trading, the S&P 500 fell 1.0% and the Nasdaq 100 heavy-tech. for 1.1% improvement, mainly thanks to the price gains of some important members such as Tesla, Netflix or Amazon. In the end, oil values could only improve moderately or not at all, ExxonMobil closed with an increase of 0.7%, while Chevron had to give up 0.9%. Banks were avoided before the start of the presentation of results, this was more evident in JPMorgan, the title fell 4.5%. The values of the travel and leisure industry are not improving in a sustainable way, after the previous week, dominated by the recovery, things fell again for the airlines, United Airlines had to give up 8.2%, and the hotel companies and Cruise providers ended the day with significantly lower rates. Bank of America was pessimistic about the world’s largest manufacturer of construction equipment, Caterpillar, and downgraded its rating, which meant an 8.7% drop in the title. On the Nasdaq exchange, the environment of price gains for stocks like Netflix and Amazon lit up. The two shares, which have recently been traded as beneficiaries of the crown crisis, continued their recent rebound with increases of 7.0% and 6.2%, respectively. While newspapers from established automaker Ford and General Motors on Wall Street suffered virus worries with taxes of 3.9% and 4.4% respectively, Tesla’s share continued to show an upbeat picture, with a price jump of 13.6% she jumped to the top on the Nasdaq 100. Thanks to the announcement of a new company leader, Ebay achieved a 2.8% plus, the new boss, Jannie Iannone, comes from Walmart, where his departure did not have a negative impact, and the chain Retailer also achieved a 2.9% plus.

In the United States, import and export prices will be released today, industrial production, capacity utilization, retail sales and the Fed’s Beige Book will follow tomorrow, home construction and start permits, the Index of The Philadelphia Fed, the initial jobless claims and the oil report from the Ministry of Energy and on Friday will follow the index of the main indicators. The reporting season begins again this week, JPMorgan, Johnson & Johnson and Wells Fargo report today, United Health, Bank of America, Goldman Sachs and Citigroup will follow tomorrow, then US Bancorp and Bed Bath & Beyond on Wednesday, and the Bank of New on Thursday York and Friday still Schlumberger.

Oil prices only reacted briefly to the drastic cut in production announced, with sales increasing during the day, Brent was able to save a 2.6% plus in the end, while WTI had to give up 2.5%. Gold rose slightly in the second half of the day in particular, and the precious metal was trading at around $ 1,715 at night. The euro was unable to maintain the slight gains against the US dollar in the first operations; the currency pair was trading towards the end of the day with an almost unchanged price of around 1.0915.

Markets in Europe are kindly indicated on Tuesday for opening on Tuesday. Asian stock exchanges also posted price gains. Vienna airport has already published the traffic results for March 2020 (see below). On the macro side, import and export prices are the focus of markets in the United States.

CORPORATE NEWS

Vienna airport

The effects of the global crisis of COVID-19 were already clearly felt in March 2020: the volume of passengers of the Flughafen Wien Group (Vienna Airport, Malta Airport and Kosice Airport) decreased by 65.7% to 984,262 Travellers. At the Vienna airport, the volume of passengers in March 2020 decreased by 65.8% compared to the same period of the previous year to 808,454 passengers, the number of local passengers decreased by 64.1% and the number of transfer passengers decreased by 70.6%. Flight movements recorded less than 49.9% in March 2020. Cargo volume decreased 12.7% compared to March the previous year. Flughafen Wien AG’s international holdings are also feeling the COVID-19 crisis: the number of passengers at the Malta airport decreased by 64.5% in March 2020 and the Kosice airport recorded a 78.5% decrease in passengers.

(April 14, 2020)

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