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Dec. 30, 2021, 8:53 a.m. EST

Austria set to be Europe’s top stock market as banks rally

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By Steve Goldstein

Austria’s main stock market index is set to be the top performing Western European benchmark of the year.

The Austria ATX /zigman2/quotes/210598008/delayed AT:ATXEUR +0.41% index has gained 38.8% through midday Thursday. Circuit board maker AT&S /zigman2/quotes/204344366/delayed AT:ATS +3.79% has jumped 66%, followed closely by the country’s banks, Erste Group /zigman2/quotes/206853148/delayed AT:EBS -1.93% , BAWAG /zigman2/quotes/208673403/delayed AT:BG +0.44% and Raiffeisen Bank /zigman2/quotes/209055420/delayed AT:RBI -0.67% .

As of Thursday, the French CAC 40 /zigman2/quotes/210597958/delayed FR:PX1 +0.20% was narrowly outperforming the OMX Stockholm 30 /zigman2/quotes/210598184/realtime XX:OMXS30 +0.08% by a 29.3% to 29% margin for second place.

Bringing up the rear is the IBEX 35 /zigman2/quotes/210597995/delayed XX:IBEX +0.93% , with the Spanish index stuck in single digits with a 7.8% rise.

The Stoxx Europe 600 /zigman2/quotes/210599654/delayed XX:SXXP +0.73% more broadly has gained 22.6% and added 0.3% on Thursday.

The best performing stocks in the pan-European index this year have been Swedish laboratory equipment maker AddLife /zigman2/quotes/210091500/delayed SE:ALIF.B -0.76% , up 165%, and Watches of Switzerland Group, /zigman2/quotes/212606835/delayed UK:WOSG -1.74% up 161%. The worst has been Polish online e-commerce platform Allegro.eu /zigman2/quotes/221464247/delayed PL:ALE +3.80% , which has dropped 54%, and French IT services firm Atos /zigman2/quotes/202384354/delayed FR:ATO +5.70% , down 50%.

/zigman2/quotes/210598008/delayed
AT : Wiener Borse
3,219.04
+13.12 +0.41%
Volume: 0.00
May 20, 2022 5:50p
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/zigman2/quotes/204344366/delayed
AT : Austria: Vienna
54.80
+2.00 +3.79%
Volume: 165,135
May 20, 2022 5:36p
P/E Ratio
33.55
Dividend Yield
1.42%
Market Cap
€2.05 billion
Rev. per Employee
N/A
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/zigman2/quotes/206853148/delayed
AT : Austria: Vienna
29.43
-0.58 -1.93%
Volume: 1.00M
May 20, 2022 5:36p
P/E Ratio
6.46
Dividend Yield
5.44%
Market Cap
€12.17 billion
Rev. per Employee
€217,042
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/zigman2/quotes/208673403/delayed
AT : Austria: Vienna
45.76
+0.20 +0.44%
Volume: 114,729
May 20, 2022 5:35p
P/E Ratio
8.95
Dividend Yield
6.56%
Market Cap
€4.06 billion
Rev. per Employee
€447,740
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/zigman2/quotes/209055420/delayed
AT : Austria: Vienna
11.89
-0.08 -0.67%
Volume: 475,792
May 20, 2022 5:35p
P/E Ratio
2.60
Dividend Yield
0.00%
Market Cap
€3.93 billion
Rev. per Employee
€165,920
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/zigman2/quotes/210597958/delayed
FR : France: Euronext Paris
6,285.24
+12.53 +0.20%
Volume: 92,863
May 20, 2022 6:05p
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/zigman2/quotes/210598184/realtime
XX : Sweden: Stockholm
1,994.09
+1.69 +0.08%
Volume: 0.00
May 20, 2022 5:35p
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/zigman2/quotes/210597995/delayed
XX : Spain: Madrid
8,484.50
+78.50 +0.93%
Volume: 172.38M
May 20, 2022 5:38p
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/zigman2/quotes/210599654/delayed
XX : STOXX
431.10
+3.11 +0.73%
Volume: 0.00
May 20, 2022 11:03p
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/zigman2/quotes/210091500/delayed
SE : Sweden: Stockholm
kr 235.00
-1.80 -0.76%
Volume: 141,560
May 20, 2022 5:29p
P/E Ratio
39.89
Dividend Yield
0.85%
Market Cap
kr28.88 billion
Rev. per Employee
kr4.90M
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/zigman2/quotes/212606835/delayed
UK : U.K.: London
901.50 p
-16.00 -1.74%
Volume: 427,123
May 20, 2022 4:35p
P/E Ratio
29.43
Dividend Yield
N/A
Market Cap
£2.20 billion
Rev. per Employee
N/A
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/zigman2/quotes/221464247/delayed
PL : Poland: Warsaw
24.29
+0.89 +3.80%
Volume: 2.96M
May 20, 2022 5:51p
P/E Ratio
22.82
Dividend Yield
N/A
Market Cap
zł24.70 billion
Rev. per Employee
zł1.48M
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/zigman2/quotes/202384354/delayed
FR : France: Euronext Paris
24.86
+1.34 +5.70%
Volume: 1.50M
May 20, 2022 5:35p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
€2.60 billion
Rev. per Employee
€99,317
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