Vienna Stock Exchange - Weak week

BusinessCommodities ♦ Published: July 2, 2010; 00:00 ♦ (Vindobona)

With -6.2%, the ATX registers a weak week. The only positive factor is that recent annual lows were not crossed.

Vienna Stock Exchange - Weak week / Picture: © Wikimedia Commons / Bwag [CC BY-SA 4.0]

Based on First Equity Weekly Group (Günther Artner)

With -6.2%, the ATX registers a weak week. The only positive factor is that recent annual lows were not crossed. The main reason was the fear of investors of an impending significant slowdown of the global economy, triggered by the many foreign saving policies.

Furthermore, there were sell-off signals, which accelerated…