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Austrian Stock Market Moves In Line With Europe

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(Vienna) The first half-year of 2016 on the Vienna Stock Exchange was an eventful one. After the increase in trading volumes in the first three months of the year, in April and May prices declined again. The Vienna Stock Exchange was unable to avoid European trends. Already in June equity trading had caught up with the first quarter of 2016, reaching EUR 5.94 billion. The Austrian leading index, the ATX, dropped in the first half of the year by 12.56% (-10.71% incl. dividends) along with other Western European indices (DAX: - 9.89%, Eurostoxx – - 12.33%). The Brexit vote triggered volatility around the end of the second quarter, and as expected, trading volumes were also high on the Vienna Stock Exchange.

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