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ATX rises on surprisingly positive US labour data on Friday afternoon.

(ADPnews) - Sep 3, 2010 - The Austrian ATX blue-chip stock market index reacted to the unexpectedly positive US labour market data released on Friday afternoon and returned to growth, rising 0.66% to 2,481.79 points by 1445 CET.

The ATX was down from the late morning until the early afternoon on Friday, influenced by the market cool-down before the publication of the US figures.

Traders had predicted a cool-down, saying that investors would be hesitant until the US data has been announced.

At 1544 CET the ATX had climbed further -- by 0.81%, or 20 points, toA 2,485.42 points, following the positive mood on the markets in the US and Europe.
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Publication:ADP News Austria
Date:Sep 3, 2010
Words:114
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