22.03.2020, 3202 Zeichen

In light of the sharp price declines of recent weeks, Vienna Stock Exchange has bundled the voice of Austrian listed companies. In an open letter, the Austrian capital market representatives address domestic and international investors. The executive boards reminds investors of their strengths, their stable planning and dividend policy, their excellent crisis management, their international market opportunities as well as their promising research & development activities.

Christoph Boschan, CEO of the Vienna Stock Exchange, encourages a long-term perspective: "It would be a mistake to turn away from Austrian stocks now. Currently, the Austrian national index ATX is trading far below its book value. In the opinion of Austria's leading companies, this picture is too pessimistic. Despite strict measures to contain the virus, the Austrian economy is by no means at a standstill, thanks to a high degree of digitalisation. The management believes in their companies, as the numerous manager's transactions of the last few weeks show."

Heimo Scheuch, CEO of Wienerberger and Chairman of the Supervisory Board of the Vienna Stock Exchange, sees no contradiction between production activities and the new requirements: "Austrian listed companies generate every 8th euro of domestic value added. The leading Austrian companies are well-positioned. With the right hygienic measures, I see no reason for stopping production. The risk group must of course be protected. It is precisely now that our jobs give us strength and stability. I would like to thank all the employees of the listed companies who are doing a great job these days. They are creating the basis for the trust in Austria as a business location.”

BSNgine weekly Spitout: The ATX down -5,58% to 1.889,19 points this week. Year-to-date the ATX is now at -40,72%. Up to now there were 20 days with a positive and 37 with a negative gain. From the year-high we are 41,5% away, from the low 15,84%. Statistically the best weekday so far 2020 is Friday with 0,43%, the weakest is Monday with -2,44%.

These are the best-performers this week: Lenzing 32,41% in front of AT&S 20% and SBO 17,92%. And the following stocks performed worst: Polytec -37,06% in front of Strabag -27,35% and UBM -24,23%.

Further highlights this week: Andritz for 4 days in a row up (5,91% gain from 24,36 to 25,8), also voestalpine 4 days up (24,64% gain from 13,27 to 16,54), Lenzing 4 days up (42,78% gain from 37,54 to 53,6), SBO 3 days up (33,29% gain from 17,18 to 22,9), Porr 3 days up (11,11% gain from 13,5 to 15), Polytec 13 days down (51,44% loss from 6,61 to 3,21).

Best-performers year-to-date as of now: Porr -2,85% (last year: -11,47 percent) followed by Marinomed Biotech -3% (last year: 31,58 percent) and Österreichische Post -8,97% (last year: 13,26 percent). And the worst-performing stocks year-to-date: Polytec -62,89% (Vorjahr: 3,22 percent), followed by DO&CO -55,24% (Vorjahr: 6,31 percent) and SBO -54,47% (Vorjahr: -12,29 percent).

High above the MA200: Marinomed Biotech 2,33%,
Down under the MA200: Polytec -61%, SBO -57,58% and DO&CO -53,21%.

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (21/03/2020)

Christian Drastil: Wiener Börse Plausch

Song #56:: Unser Unsro, das Lied, das die europäische Finanz- und Währungskrise löst (Nicht King Kong)

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Aktien auf dem Radar:Amag, Agrana, RHI Magnesita, Austriacard Holdings AG, Flughafen Wien, Addiko Bank, Rosgix, ATX, ATX Prime, ATX TR, Wienerberger, Bawag, AT&S, Österreichische Post, Palfinger, Semperit, Cleen Energy, Pierer Mobility, UBM, Wiener Privatbank, Oberbank AG Stamm, CA Immo, Erste Group, EVN, Immofinanz, Telekom Austria, Uniqa, VIG, Symrise, Siemens Healthineers, BMW.

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