Stock Market Forecast: ATX at 2,350 Points at Year End

Business › n.a. ♦ Published: August 13, 2011; 00:18 ♦ (Vindobona)

The expected year-end value of the Austrian index was revised downwards from 3,000 to 2,350 points. Analysts predict continued weak development well into 2012.

Stock Market Forecast: ATX at 2,350 Points at Year End / Picture: © Vindobona.org

The analysts of Raiffeisen Research have significantly cut their forecast for the ATX: They expect the index to decline to 2,050 points by September 2011, which would correspond to a minus of 7% compared to the current level of approximately 2,200 points. The previous forecast for September was 2,850 points.

The expected year-end value 2011 was reduced from 3,000 to 2,350 points.…

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