The Vienna Stock Exchange was higher on Monday morning in line with the leading European exchanges. The domestic leading index ATX gained 0.78 percent to 2,758.43 points around 9.45 a.m. The ATX Prime rose 0.81 percent to 1,400.20 points.
The market was supported by the fact that the EU and Great Britain had agreed on a post-Brexit trade agreement. In addition, the outgoing US President Donald Trump had implemented an economic stimulus package worth around 900 billion US dollars, which he had previously refused to sign.
On the Corona front, the experts at Commerzbank, on the other hand, voiced minor tones: “In Germany, the situation did not ease over the Christmas week. The decline in reported new infections is solely due to the reduced scope of tests. The number of intensive- medically treated corona patients has increased further. ” The looming vaccine shortage could delay a return to normal.
Looking at the heavily weighted ATX stocks, the two banking stocks of Erste Group and Raiffeisen rose significantly. The former rose by 1.80 percent and the latter by 1.54 percent.
With a view to the prime market segment, the Frequentis securities stood out. They rose in price by a whopping 6.06 percent in early trading. At the other end of the table there were only a few losers, including Zumtobel, who fell 0.83 percent.
