Vienna shares end: weak international sentiment weighs on | 09/24/20



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VIENNA (dpa-AFX) – The Vienna Stock Exchange traded again in the red on Thursday. The leading national ATX index fell 0.44 percent to 2102.42 points after losing 0.87 percent of its value the previous day. The broad ATX Prime fell 0.33 percent to 1,077.24 points.

A predominantly negative sentiment from the international stock market also depressed the domestic stock market on the day of the report. Concerns about the strong negative economic effects caused by the growing number of new coronavirus infections in many countries had a negative impact.

In Vienna, the reporting situation at the company level was quite poor. Among heavyweights, OMV shares lost 2.1 percent to 24.20 euros after a more negative analyst opinion. The securities experts at Erste Group have lowered their investment recommendation for stocks from “Buy” to “Accumulate”. In addition, the target price was revised down from 40 to 29 euros.

CA Immo accumulated a decline of 1.4 percent to 25.45 euros. Here, securities experts at Raiffeisen Centrobank (RCB) maintained their “Buy” recommendation for the securities, but adjusted their target price slightly lower. After 39.0 euros previously, it is now 36.5 euros per title.

Andritz closed with a clear 3.5 percent lead. The Styrian technology group has received another major order from Singapore. However, no information was provided about the order value.

Agrana ranked first in Vienna with a plus of 5.1 percent. Behind was Porr’s share with an increase of 4.2 percent. At the other end of the price list, Vienna Insurance Group fell 2.9 percent. Schoeller-Bleckmann was down 2.6 percent./ste/sto/APA/nas

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