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VIENNA (dpa-AFX) – The Vienna stock exchange closed on Monday with a somewhat weaker trend. The ATX fell 9.89 points, or 0.44 percent, to 2,247.47 units. At the beginning of the week, the growing pandemic worries again emerged as negative factors for the equity markets. In addition, tensions between the United States and China have recently come to the fore again.
In view of the rather thin reporting situation regarding Austrian companies, current economic news received attention: In the USA, orders for durable goods rose again significantly in June. Total order intake rose 7.3 percent from the previous month, the U.S. Department of Commerce said. Economists had expected an average increase of 6.9 percent.
It had already become known in the morning that the mood in the German executive floors continued to brighten up after the low point in the corona crisis. The Ifo business climate index for July rose to 90.5 points from 86.3 points in June, according to the Munich Ifo Institute. economists had only expected an increase to 89.3 points.
Wienerberger was 2.94 percent firmer among the individual values. The building materials group braced itself against the corona crisis in the first half of 2020. Sales fell by almost 6 percent year-on-year from EUR 1.74 billion to EUR 1.64 billion, and adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) declined by 12 percent from EUR 290 million to EUR 255 million. The second quarter went better than expected.
The biggest winners at the beginning of the week were Do & Co with a price increase of 7.75 percent. Semperit also enjoyed good demand and rose by 4.25 percent.
Kapsch TrafficCom, on the other hand, started Friday’s losses at minus 4.62 percent. Immofinanz had to post a minus of 4.96 percent and s Immo closed 2.90 percent lower./ger/pma/APA/fba