Date: 04.01.2012
CEESEG: After a sluggish 2011, a volatile stock market is expected in 2012
(Vienna) Like all European stock exchanges in 2011, the four exchanges of the CEE Stock Exchange Group (CEESEG) – Budapest, Ljubljana, Prague and Vienna – struggled with declining stock prices and consequently decreasing trading volumes due to the global economic environment. The IPO business came practically to a standstill along with all other exchanges in Europe. Nonetheless, at year-end CEESEG still accounted for almost half of total market capitalization and around half of total equity trading volumes in Central and Eastern Europe, making it the largest stock exchange group of the region. Despite the sluggish environment, the CEESEG welcomed nine companies to the stock market. For 2012, the Management Board Members of the CEE Stock Exchange Group, Michael Buhl and Heinrich Schaller, expect another volatile year for stock markets.
Budapest Stock Exchange
As of 31 December 2011, market capitalization (according to the Federation of European Exchanges, single count, regulated and unregulated markets, domestic) on the Budapest Stock Exchange was EUR 14.6 billion, and average monthly equity turnover EUR 1.15 billion (according to the Federation of European Exchanges, single count, regulated and unregulated markets, domestic and foreign turnover). The Budapest Stock Exchange recorded six technical listings in 2011.
Ljubljana Stock Exchange
Market capitalization (see above) on the Ljubljana Stock Exchange was EUR 4.87 billion, and average monthly equity turnover EUR 32.87 million (see above) on 31 December 2011.
Prague Stock Exchange
Market capitalization (see above) on the Prague Stock Exchange was EUR 29.2 billion, and average monthly equity turnover EUR 1.26 billion (see above) on 31 December 2011. In 2011, there was one IPO on the Prague Stock Exchange with E4U.
Vienna Stock Exchange
As of 31 December 2011, market capitalization (see above) on the Vienna Stock Exchange was EUR 64.22 billion, and average monthly equity turnover was EUR 2.49 billion (see above). There were two IPOs and four capital increases this year on the Vienna Stock Exchange.
For further information, please contact:
Maria Zorn, Wiener Börse AG
Phone: +43 (0) 1 53 165 - 110
Fax: +43 (0) 1 53 165 - 140
maria.zorn@wienerborse.at
About the CEE Stock Exchange Group
The CEE Stock Exchange Group (CEESEG), which comprises of the stock exchanges of Budapest, Ljubljana, Prague and Vienna, is the largest stock exchange group in the region. CEESEG simplifies access to markets and trading with the aim to increase liquidity on the local exchanges. The CEESEG stock exchanges cooperate with 12 stock exchanges in Central and Eastern Europe and are recognized throughout the world for this unique expertise.