Home » The stock exchange in Vienna rattles down at the end of the year

The stock exchange in Vienna rattles down at the end of the year

by alex

The ATX on the Vienna Stock Exchange ended the year at 2,780.44 points, which is a year-on-year decrease of twelve percent.

In Austria and Germany, the 2020 stock market year ended on Wednesday at 2 p.m. Most other European stock exchanges, on the other hand, trade normally until the early evening and sometimes even shortened on New Year's Eve.

The shortened Viennese trade was calm on the last trading day of the year. The ATX fell somewhat shortly after trading began, but then rose. From the trade it was ultimately 0.08 percent firmer at 2,780.44 points. That is a twelve percent lower value compared to the previous year's closing.

Given the coronavirus pandemic, the result is not surprising. Compared to the 2019 annual financial statements, the minus is exactly 12.76 percent. At the ATX Prime the discount was 12.11 percent. In an international comparison, there is also a massive rejection due to Covid-19. Unlike in New York or Tokyo, however, the indices in this country were unable to work their way back into the profit zone over the course of the year.

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