Börse Express: Vienna Stock Market Expected To Hold Just Before Trading Session / After Clear ATX Plus Of Over Two Percent The Day Before



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The Vienna Stock Exchange should start trading more easily on Wednesday. An indication for the leading national ATX index showed a trend half an hour before the opening of trading by 0.17 percent lower to 2,601 units.

On the economic side, Germany’s premarket data from the retail sector did not initially show a positive change. October sales were price-adjusted 2.6 percent more than the previous month. Compared to the same month last year, sales were up 8.2 percent. Analysts’ expectations were exceeded in each case.

In the subsequent course of trade, producer prices and the unemployment rate for October are released from the euro zone. Next, the ADP Employment Report for November will be released in the United States.

Completing the picture will be the Beige Book presented by the Federal Reserve for the night. Helaba experts wrote: “The regular economic report of the Fed districts will point out the difficult situation that continues.”

Regarding the general market sentiment, Helaba analysts write that there is still a certain degree of confidence due to the corona vaccines that will soon be available. This should put an end to the restrictions and economic burdens associated with the pandemic.

On Tuesday, the ATX closed up 2.02 percent at 2,605.40 points. Market watchers said news that the sentiment indicator for small and medium industrial companies in China points to a strong recovery in the important sector gave stock exchanges a boost. According to the figures, lighting manufacturer Zumtobel’s shares fell 2.24 percent.

The biggest price winners in the main market on Tuesday:

Do&Co        +6,30% 54,00 Euro
EVN          +5,80% 15,68 Euro
Wienerberger +4,73% 24,34 Euro

The biggest losers in the main market on Tuesday:

Zumtobel    -2,24% 6,11 Euro
Addiko Bank -1,71% 9,78 Euro
FACC        -1,00% 8,92 Euro

hundred / ste

 ISIN  AT0000999982

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