ATX closes 4.6 percent lower as AT&S leads tech selloff

The ATX closed at 6,264 points on October 22, losing 302 points or 4.6 percent. Renewed doubts over artificial-intelligence spending and higher oil prices pressured European equities.

AT&S fell 18.6 percent, while the ATX lost another 163 points, or 2.5 percent, from its midday level of 6,427 points.

Why did the ATX sell off?

Wall Street's technology weakness spread through European markets. Reuters reported that Nasdaq futures fell nearly 2 percent as Tesla and Meta earnings failed to ease concerns about AI investment costs. Brent crude rose 2.8 percent to USD 111.92 after new attacks in Saudi Arabia raised supply disruption fears, Reuters said.

AT&S led the technology-driven decline in Vienna. Banks also came under pressure, with Erste Group Bank, Raiffeisen and BAWAG among the weaker heavyweights, oe24 reported.

ATX leaders and laggards on Thursday

The closing winners and losers were listed by finanzen.ch:

• Verbund up 1.6 percent
• Wienerberger up 0.9 percent
• Austria Post up 0.3 percent
• AT&S down 18.6 percent: technology selloff
• Erste Group Bank down 6.2 percent: banking weakness
• Raiffeisen down 5.5 percent: banking weakness

The ATX fell to its session low

The index opened at 6,564 points after a previous close of 6,566 points. It reached a high of 6,564 points and ended at its low of 6,264 points, according to finanzen.ch.

Oil and Wall Street add pressure

Wall Street opened lower as AI concerns returned. The Dow Jones fell 0.1 percent to 52,788 points, while the S&P 500 dropped 0.8 percent to 7,695 points, Reuters reported. The VIX rose to 18.25 and the 10-year Treasury yield fell to 5.0648 percent in related market trading.

What comes next for the ATX

The next session will bring preliminary purchasing managers' index data across Europe. The schedule from dpa-AFX via ariva lists:

• October 23, 2026, 9:30 a.m. CEST: Germany's flash purchasing managers' index.
• October 23, 2026, 10:00 a.m. CEST: the euro-area flash purchasing managers' index.
• October 23, 2026, 3:45 p.m. CEST: the US flash purchasing managers' index.

ATX price data for October 22, 2026

The ATX closed at 6,264 points on October 22, down 302 points or 4.6 percent from 6,566 points, finanzen.ch reported. The index opened at 6,564 points, reached a high of 6,564 points and a low of 6,264 points.

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