Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EUR 433 Billion in Turnover on the German Stock Exchanges in July

Date 03/08/1999

Volume of 432.91 billion Euro was traded in equities, fixed income securities and warrants on the German Stock Exchanges in July. Of this amount, 246.76 billion Euro was traded in equities. Trading in Frankfurt accounted for about 84.8 percent of the total turnover in equities. 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 equities turnover of 75.03 billion Euro for all of the German exchanges in July. The volume traded in German equities in July was 66.62 billion Euro; 48.31 billion Euro, or roughly 73 percent, of this volume was traded through Xetra. Another 13.04 billion Euro, or roughly 20 percent of the total in German equities, was traded on the floor of FWB, the Frankfurt Stock Exchange. The Xetra share of the volume traded in the DAX blue chips came to 82.8 percent, and trading on the floor of the FWB accounted for another 12.1 percent. In the MDAX stocks, 36 percent of the turnover was posted through Xetra, setting a new record on a monthly basis. On July 29, for the first time, more MDAX stocks were traded through Xetra than on the trading floor. DaimlerChrysler was the most active DAX issue in July, with volume of about 6.68 billion Euro traded. Metallgesellschaft was the leading MDAX (mid-cap index) stock with 393 million Euro in shares traded, and EM.TV was the top Neuer Markt stock, at 594 million Euro in share turnover. Among the SDAX (small-cap) stocks, VCL Film + Medien ranked first, posting volume of 161 million Euro in shares traded.