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According to the order book statistics of Boerse Stuttgart, Germany's leading stock exchange for private investors, trading volumes in September 2009 were up by around 7 percent on the previous month, rising to almost EUR 7.7 billion. Trading volumes were down by 31 percent in a year-on-year comparison. In September Boerse Stuttgart saw an increase in turnover across all asset classes in comparison with August 2009. With a growth of 26 percent on the previous month and more than 65 percent on September 2008, trading volumes in exchange-traded funds (ETFs) continued to increase strongly at the Stuttgart stock exchange. At EUR 354 million, volumes have more than doubled between January and September in a year-on-year comparison.
"After a traditionally weak August, private investors at the Stuttgart stock exchange were back with a vengeance in September. It is still ETFs, especially on the big European standard indices, that are popular with investors," said Oliver Hans, Managing Director of Baden-Wuerttembergische Wertpapierboerse.
At EUR 3.9 billion, securitised derivatives, such as certificates, warrants and knock-out products, accounted for the lion's share of volumes traded on the stock exchange. Trading in structured products was up by more than 6 percent on the previous month. Leverage products grew by almost 9 percent in comparison with August, with volumes reaching EUR 2.1 billion. Investment products went up by around 3 percent in comparison with the previous month, rising to almost EUR 1.8 billion.
The second biggest asset class at the Stuttgart stock exchange (measured in terms of turnover) was bond trading with volumes over EUR 2.3 billion, which is slightly above the figure reported for August 2009. Vigorous trading activities were recorded in corporate bonds with volumes reaching EUR 1.4 billion. Trading in these assets grew by 30 percent in comparison with August 2009 and has nearly doubled since September 2008. This makes Boerse Stuttgart Germany's leading stock market for bonds.
At EUR 907 million, trading in equities was up by more than 18 percent on the previous month's figure. Of this EUR 680 million was accounted for by domestic equities, corresponding to a growth of 18 percent. International equities reached volumes of EUR 227 million, a growth of 20 percent in comparison with the previous month.
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