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

The Austrian stock market is experiencing an impressive upswing! On Thursday, the ATX, the domestic leading index, climbed by 2.10 percent to 4,329.90 points, while the wider ATX Prime increased by 2.18 percent to 2,175.14 points. The ATX Total Return was particularly sensational, which for the first time in its history shot the magical border of 10,000 points and ended with 10,100 points. These impressive numbers prove the strength of the Austrian market, especially with regard to dividends, which Christoph Boschan, CEO of the Viennese stock exchange, underlines. He emphasizes that the ATX Total Return is the relevant index for investors because it takes into account the significant role of the dividends. Compared to other indices, such as the DAX or MDAX, the ATX is extremely powerful, in particular because of its dividend policy and the weighty companies in the finance and industrial sector, what oe24.at reported.

The positive development of the Vienna market remains stable despite external influences. The key interest rate reduction of the European Central Bank had no significant influence on ATX performance by 25 basis points. Internations of messages show increasing initial applications on US unemployment relief, which could put pressure on the US government to introduce tariffs. In the corporate landscape, Andritz shares recorded a strong increase of 4.8 percent, despite a decline in sales and profit compared to the record year 2023. In contrast, the shares of the Zumtobel Group lost 3.4 percent due to a drop in profit in the current financial year. At the same time, Addiko Bank was enjoyed by a profit increase of 10 percent, which contributed to a slight course upturn by 0.3 percent, as Investment Week . In addition, an important infrastructure package in Germany caused a lot of interest in the building actor sector, which in particular benefited the Strabag share.