Viennese stock exchange in the downturn: ATX falls by 1.07% before US customs announcement
Viennese stock exchange in the downturn: ATX falls by 1.07% before US customs announcement
difficult times for the Viennese stock exchange: on Friday the leading index ATX had to record a decline of 1.07 percent and closed at 4,384.34 points. This changes the situation for investors, since the ATX fell 0.8 percent in the week average, while trading places all over Europe were also in the minus. This uncertainty is, such as T-Online , reported primarily by the threatening US-Zelle triggered.
In the USA, President Donald Trump plans to inform countries about the customs sets for exports to the United States, and it is rumored that letters for information are expected to be sent on Friday. German Chancellor Merz and France's President Macron are committed to a quick agreement with minimal customs sets, but global trade conflicts could be more difficult to counter, as the current situation in the European economy shows. If the trade is more expensive, the recent attempts at recovery in German industry, which recorded a decline in the order intake in May, could also be at risk.
economic uncertainties
BAWAG shares fell 1.7 percent, while Raiffeisen Bank International recorded a more drastic decline of 2.4 percent. The first bank also had to accept a setback with a minus of 0.5 percent. The construction stocks are also under pressure: Strabag lost 1.5 percent, Porr suffered a decline of 1.8 percent and Viennaberger even 4.5 percent. Andritz shares fell by 0.4 percent, although the new finance officer sees hardly any effects through the US tariffs.
The concerns about the processes in retail are now not limited to the Austrian market. Investors are concerned that new trade conflicts, such as the expected reciprocal tariffs against several countries, can disturb the economic balance. These uncertainties are part of a larger picture, and it quickly becomes clear that trade disputes-like those between the USA and China or the developments related to the Ukraine conflict-have historical role models and that there are profound effects on global economic growth, as well as from Magazin world analyzed.
losses and price winners
Despite the general negative tendency, there were also bright spots on the Vienna Markt. The shares of AT&S were able to grow by 3.1 percent and Kapsch Trafficcom enjoyed an increase of 1.1 percent. These positive surprises are very lucky in a turbulent market, but the overall mood remains tense. Investors are wondering how long this volatility will last and what measures the central banks could take to stabilize the situation.
In an increasingly complex overall economic situation, it remains to be seen whether those responsible are able to find a well thought -out solution for these trade conflicts at the political level in order to calm the markets. Basically, trust in the stability of trade is essential, not only for Europe, but for the financial markets worldwide.
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