Vienna (APA) – The Vienna Stock Exchange rose again on Tuesday. The ATX climbed 16.77 points or 0.54% to 3,093.55 units. For comparison, the main stock market indices were at 5:30 pm: Dow Jones / New York -0.40%, DAX / Frankfurt + 0.63%, FTSE / London + 1.01% and CAC-40 / Paris + 0.32%.
The domestic benchmark therefore rose for the third trading day in succession. The environment of the European stock market was also friendly for the most part. The fact that the British Parliament failed to agree on an alternative to the exit agreement from Prime Minister Theresa May on the eve of the second night did not disturb investors.
"Market participants seem increasingly bored with the eternal comings and goings of London," commented Helaba analyst Ralf Umlauf. The House of Representatives rejected all four proposals to vote for closer ties with the EU after the Brexit or a second referendum. The British pound then depreciated the foreign exchange market, which in turn supported the London stock market.
New US order data for February to February showed a significant decline of 1.6% over the previous month. However, analysts predicted an even larger reduction of 1.8% on average.
Support for the ATX was mainly provided by voestalpine shares with a 2.14 percent increase to 28.64 euros and Schoeller-Bleckmann shares with a price increase of 2.01 percent to 76.30 euros . Oil field equipment stocks rose however to 77.00 euros and thus reached the highest level for more than 100 days.
In the broader ATX Prime, Polytec shares rose 2.16% to 8.99 euros. Baader Bank upgraded its investment recommendation for Polytec's shares from "hold" to "buy". At the same time, lowered Peter Rothenaicher Baader analyst its target price from 14.00 to 12.00 euros. After falling prices in recent months, the share was now clearly undervalued, it is said that was the reason.
There was also a new analyst estimate for CA Immo. The house of analysis SRC reduced its investment vote to the shares of the real estate company CA Immo "Buy" to "Accumulate". At the same time, however, the price target was raised by analyst Stefan Scharff from 34.00 to 36.00 euros. Shares in the ATX index changed slightly with a gain of 0.16 percent to 31.95 euros from the market.
~ ISIN AT0000999982 ~ APA443 2019-04-02 / 18: 02