Home » News » Stocks in Vienna: losses – Semperit shares rise by 16 percent

Stocks in Vienna: losses – Semperit shares rise by 16 percent

VIENNA (dpa-AFX) – The Vienna Stock Exchange joined the negative backdrop on the European stock market on Friday and closed trading at a loss. The national leading ATX index lost 0.66% to 3059.33 units. The ATX Prime dropped 0.61% to 1531.77 points. The week coming to a close was mainly characterized by central bank meetings in the US and the Eurozone, where monetary observers raised interest rates by 0.50 percentage points and announced further hikes. Against this backdrop, the unsurprising euro area Purchasing Managers’ Indices were also able to provide support, especially as they were still in the contraction zone below 50 points.

On the corporate side, Lenzing’s ATX stock and Semperit’s prime market stock attracted a lot of attention today. While shares of the fibermaker fell 1.9% after a report on possible job cuts, Semperit jumped 16.2%. The rubber and rubber group sells its Sempermed division to Southeast Asian glove maker Harps Global Pte. Ltd for €115 million.

But Mayr-Melnhof was also in the spotlight and lost 0.8%. The carton maker bids farewell to its Russian business. The two packaging sites in Russia, in St. Petersburg and Pskov, went to the local investor Granelle. The sale price was around 134 million euros, as announced by the cartonboard producer.

Among other individual values, CA Immo’s ATX notes were very weak at a whopping minus 6.6%. Mail lost 3.8% and EVN was down 3%. Behind them came Wienerberger with minus 2.9%. Among the few ATX winners, Immo was up 3.2%. Also in demand are Andritz (+1.7%) and the two heavily weighted bank stocks Bawag (+0.8%) and Erste Group (+0.9%)./sto/APA/zb

AT0000730007, AT0000652011, AT0000741053, AT0000644505, AT0000938204, AT0000785555, AT0000831706, AT0000999982, AT0000BAWAG2

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.