Vienna Stock Exchange edges up – ATX closes 0.26 percent higher

Voestalpine also gained, with an increase of 2.88 percent, and Strabag with a premium of 2.42 percent. Both titles had still declined significantly the previous Friday. In the Prime Market, the aerospace supplier FACC also rose by 1.33 percent.

Lenzing and Zumtobel under pressure

On the losing side were Lenzing with a loss of more than five percent, after the stock had risen by more than 14 percent the previous Wednesday following an upgrade by Berenberg Bank from "Hold" to "Buy". Market participants pointed to profit-taking. Zumtobel also lost 3.69 percent, while Telekom Austria and Polytec each lost more than two percent.

Diplomatic signal from Switzerland

The gains on the Vienna Stock Exchange are also marked by broader regional developments. The Swiss government had previously announced that the first round of talks between the USA and Iran had taken place on Monday at the luxury resort Bürgenstock. The Swiss Federal Department of Foreign Affairs welcomed an achieved "Einigung über eine Roadmap". Switzerland also announced the immediate start of technical talks, which are to be continued in the course of the week.

30 million euros for the domestic aviation industry

US Vice President JD Vance drew a positive balance on Monday at the Swiss luxury resort Bürgenstock, where the talks took place. He said: „Wir haben eine sehr gute Grundlage für eine erfolgreiche endgültige Einigung geschaffen." Meanwhile, the US Treasury Department issued a temporary general license for Iranian petroleum products, covering the production, delivery and sale of crude oil as well as petrochemical and petroleum products of Iranian origin until August 21.

The domestic aviation industry also came into focus on Monday. The Austrian federal government wants to provide the domestic aviation industry with 30 million euros annually in the 2027/2028 double budget. How the funds will be used in concrete terms is still open according to the Ministry of Transport, with a decision to be made by the end of September. The Ministry told APA that the funds were intended to support the sector in the face of geopolitical uncertainties.

On the Vienna bond market, the Pfandbrief curve was described as unchanged on Monday. Overall, the trading day on the Vienna Stock Exchange was thus friendly, supported by semiconductor and industrial stocks, while consumer and telecom stocks were under pressure.