- Equity turnover at 10-year high (YTD EUR 55 bn, +5.8 %)
- #3 bond listing platform in Europe: New listings in Vienna at record level
- Most active year in the SME segment also for equity listings
- ATX Total Return reaches new all-time high in September
The upswing on the Austrian stock market crowned the 250th anniversary of the Vienna Stock Exchange. The largest Austrian stocks, banks and cyclicals, benefit strongly from the rebound. This leads to a sustained high equity turnover on the Vienna Stock Exchange. In Q3 2021, the Austrian national index ATX climbed to a new all-time high including dividend. Year to date, it is clearly ahead of other developed markets. In terms of listings in the entry segment, 2021 is the most active year since the launch of the direct market (plus) in 2019 (2021 Q3: 3 new companies, 2021 YTD: 6 new companies). With 5,116 new bonds, Vienna became one of the three largest bond listing venues in Europe.
"How wonderful that investors are celebrating the Austrian stock market with an all-time high on the 250th anniversary of its central infrastructure platform. Looking ahead is important now. The capital market is the key factor in the transformation to a CO2-free, digital future and a safe retirement plan. With its first unicorns emerging, the Austrian scale-up scene looks very promising," says Christoph Boschan, CEO of Wiener Börse AG.
Equity turnover at 10-year high
Trading participants generated equity turnover of EUR 54.96 billion on Wiener Börse over the course of the year, an increase of 5.8% (Q1-Q3 2020: EUR 51.95 billion). At 84%, a large part originates from international exchange members. The average monthly turnover of EUR 6.1 billion is the highest level in ten years. The most actively traded equities year-to-date were Erste Group Bank AG (EUR 8.32 billion), OMV AG (EUR 7.97 billion), Verbund AG (EUR 6.20 billion), voestalpine AG (EUR 4.41 billion) and Raiffeisen Bank International AG (EUR 3.14 billion). With a turnover of EUR 691 million, the strongest trading day in the third quarter was Friday, 17 September.
Austrian stocks rally to the top
Over the course of the year, the ATX Total Return (incl. dividends) gained 34.13%, stopping at 7,331.73 points on 30 September 2021 (ATX excl. dividends: 3,658.93 points, +31.60%). On 27 September 2021 it reached its all-time high of 7,406.96 points. This year, the Austrian national index is clearly outperforming other stock market barometers (CAC 40 +17.45 %, EUROSTOXX +14.48 %, DAX +11.24 %, FTSE 100 +9.69 %). The top five performers in the ATX were OMV AG (+58.12%), Erste Group Bank AG (52.61%), BAWAG Group AG (44.87%), Raiffeisen Bank International AG (35.97%) and EVN AG (28.36%). Market capitalisation increased significantly to EUR 137.33 billion as of the end of September.
"Investors who remained loyal to the Austrian market and bought in the previous year can now rejoice. Sustainable investment strategies for private investors are characterised by a long-term horizon and perseverance in volatile phases," adds Christoph Boschan.
250 Years Wiener Boerse – Looking ahead to the next 250 years
On 2 September 2021, the Vienna Stock Exchange celebrated its 250th anniversary. To mark the occasion, the stock exchange bell was rung firmly and the next 250 years were put in perspective in panel discussions. Experts, historians, entrepreneurs and scientists talked about past and future economic developments. Listen in on the conversations with the youngest and oldest listed companies, on financing the industry of the future or on the way from Vienna's floor to the electronic trading network.
