ATX closes 0.8 percent lower as oil and yields pressure banks
Published on 10/08/2026 at 21:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- ATX closed on October 8, 2026 at 6,561 points, down 0.8 percent.
- Oil prices and rising bond yields pressured European stocks and banks.
- Lenzing fell 14.2 percent during the session, while Verbund gained 2.8 percent.
- OMV is scheduled to publish its third-quarter trading update at 7:30 a.m. CEST on October 9, 2026.
The ATX closed on October 8, 2026 at 6,561 points, down 0.8 percent, as oil prices and rising bond yields pressured European equities and banks, dpa-AFX via t-online reported. The index opened at 6,597 points after closing at 6,612 points on October 7.
During the session, the ATX reached a high of 6,597 points and a low of 6,504 points, according to finanzen.ch.
Oil and yields pressure banks
European banks fell as government bond yields moved higher and crude prices climbed on concerns about supply from the Middle East. Reuters said European bank stocks dropped nearly 2 percent as eurozone yields approached recent highs, while oil prices rose more than 3 percent, Reuters reported.
The European Central Bank's account of its September meeting said energy prices and higher long-term yields had pushed market expectations for inflation and policy rates higher, the European Central Bank said.
Verbund rises as Lenzing falls
Verbund was up 2.8 percent and OMV gained 1.8 percent during the session. Lenzing fell 14.2 percent, while Raiffeisen declined 2.5 percent and Wienerberger lost 2.1 percent, finanzen.ch reported.
What comes next
OMV is scheduled to publish its third-quarter trading update at 7:30 a.m. CEST on October 9, 2026, according to Kapitalmarktexperten. Italy's industrial production data for August is scheduled for 10:00 a.m. CEST, followed by the preliminary University of Michigan consumer sentiment index at 4:00 p.m. CEST, according to finanzen.at.
