Vienna Stock Exchange: Leading index ATX starts with a slight trend - indication 45 minutes before the start of trading at minus 0.32 percent

Vienna Stock Exchange: Leading index ATX starts with a slight trend - indication 45 minutes before the start of trading at minus 0.32 percent

According to a report by www.boerse-express.com, the Vienna Stock Exchange expects a slight trend towards a minus of 0.32 percent for the leading index ATX on Thursday. In the US, interest rate concerns have eased due to falling inflation, while positive industrial sentiment surveys and better retail sales were recorded. In this context, however, there are no signs that the interest rate peak has been reached. On the domestic market, Strabag has significantly increased its construction output despite the lull in residential construction, and Vienna Airport was able to record higher sales and profits again despite the Corona crisis. Erste Group also upgraded voestalpine shares from Hold to Accumulate and lowered its price target, while the ATX closed higher on Wednesday.

The expected slight trend towards a minus of 0.32 percent for the ATX leading index continues to show the uncertainty in the market. The reduced interest rate concerns in the US could have a positive impact on the financial industry, as lower interest rates typically increase loan demand. Strabag's increased construction performance and the positive results of Vienna Airport could also bring positive impetus to the construction sector and the aviation sector, which could lead to rising share prices.

The downgrading of voestalpine shares from “Hold” to “Accumulate” by Erste Group could encourage investors to invest in this share, especially if the lowered price target of 30.5 euros is viewed as attractive. However, it is important to note that such tiering may also lead to increased trading and price fluctuations.

Overall, current developments in the market indicate some volatility, influenced by various factors such as interest rates, the construction and aviation sectors, and analyst ratings. It remains to be seen how these factors will develop in the coming days and what impact they will have on the market as a whole.