Austria's stock market over 10,000 points: ATX celebrates record high!

The Austrian stock market is experiencing an impressive upswing! On Thursday, the ATX, the domestic leading index, climbed 2.10 percent to 4,329.90 points, while the broader ATX Prime rose 2.18 percent to 2,175.14 points. The ATX Total Return was particularly sensational, exceeding the magical limit of 10,000 points for the first time in its history and ending with 10,100 points. These impressive figures demonstrate the strength of the Austrian market, especially in terms of dividends, which is underlined by Christoph Boschan, CEO of the Vienna Stock Exchange. He emphasizes that the ATX Total Return is the relevant index for investors because it takes into account the important role of dividends. Compared to other indices, such as the DAX or MDAX, the ATX is extremely powerful, particularly due to its dividend policy and the presence of important companies in the financial and industrial sectors oe24.at reported.

The positive development of the Vienna market remains stable despite external influences. The European Central Bank's key interest rate cut of 25 basis points had no significant impact on the ATX performance. International news shows rising initial US jobless claims, which could put pressure on the US government to impose tariffs. In the corporate landscape, Andritz shares recorded a strong increase of 4.8 percent, despite a decline in sales and profits compared to the record year 2023. In contrast, Zumtobel Group shares lost 3.4 percent due to a decline in profits in the current financial year. At the same time, Addiko Bank enjoyed a 10 percent increase in profits, which contributed to a slight share price increase of 0.3 percent, as Investment Week reported. In addition, a significant infrastructure package in Germany generated lively interest in the construction stock sector, which particularly benefited the Strabag share.