359 Billion Euro in Turnover on the German Stock Exchanges in May (Beate Uhse tops turnover in SMAX segment)

A volume of 359.23 billion Euro was traded in equities, warrants and fixed-income securities on the German stock exchanges in May, a decline of about 11 percent from the volume traded in the same month of last year. The order-book statistics of Deutsche Börse, which are based on single counting of all transactions posted in the order book of Xetra® and the trading floor, show a total of 52.86 billion Euro was traded in equities on the German stock exchanges in May; 34.77 billion Euro, or about 74 percent, of this volume was traded through Xetra. Trading on the floor of FWB, the Frankfurt Stock Exchange, accounted for 7.74 billion Euro or about 17 percent of the turnover. The Xetra share of the volume traded in the DAX blue chips came to 84 percent. DaimlerChrysler was the most active DAX issue, with a volume of about 4.84 billion Euro traded. SGL Carbon was the leading MDAX stock, in which 189.05 million Euro were traded, and Consors was the top Neuer Markt stock, with 436 million Euro in shares traded. In the SMAX segment, Beate Uhse ranked first with share turnover of 198 million Euro. Sixty-one companies have gone public at Deutsche Börse since the beginning of the year, with a total issue volume of 4.4 billion Euro. Of these new listings, 17 went public in the first segment (Amtlicher Handel), 4 in the second segment (Geregelter Markt) and 40 in the Neuer Markt. Thus the IPO volume this year is already well over the figure for all of 1998: 67 companies with a total IPO volume of 3.2 billion Euro went public last year. As of June 1, a minimum lot of one share is valid in broker-supported trading on the floor in continuous trading. This means that even small orders as of one share can also be executed immediately. The minimum lot is the smallest number of shares that can be executed as orders in continuous trading.