Dec. 7 (Bloomberg) -- Austria’s benchmark ATX Index gained for a second day, rising 31.88, or 1.2 percent, to 2,795.45 at the 5:30 p.m. close in Vienna.
The following were among the most active stocks in the Austrian market. Symbols are in parentheses.
RHI AG (RHI AV) retreated 1.5 percent to 27 euros after UniCredit SpA sold 1.32 million shares at 26 euros each, according to a person familiar with transaction. The bank sold the shares on behalf of the liquidator of Auer von Welsbach.
Vienna Insurance Group (VIG AV) climbed 3.3 percent to 38.18 euros, ending a two-day loss. Eastern Europe’s biggest insurer was rated “buy” in new coverage at UBS AG, which said in a note that the company “offers attractive growth prospects in central and eastern Europe against the dull Western European outlook.”
Wienerberger AG (WIE AV) surged 5.2 percent to 14.13 euros, the highest price in more than seven months. Royal Bank of Scotland Group Plc increased its price estimate on the world’s biggest brickmaker to 12.4 euros from 11.6 euros, citing a “mid-term recovery.” The brokerage kept a “hold” recommendation because of a “fair valuation.”
To contact the reporter on this story: Francesca Cinelli in Milan at firstname.lastname@example.org.
To contact the editor responsible for this story: David Merritt at email@example.com.