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Analysts Expect ATX to Underperform in January

Published: December 30, 2010; 02:16 · (Vindobona)

The main index of the Vienna Stock Exchange experienced a strong rally in December. Thus, ATX outperformed compared to other European indices.

Analysts Expect ATX to Underperform in January / Picture: © Vindobona.org

Because of the new securities gains tax, which will be introduced by 1 January 2011, small investors purchased shares massively. Consequently, ATX rose by 3.5% since 17 December. Above all, the energy companies Verbund (+8%) and EVN (+12%) rose substantially. Telekom Austria and Österreichische Post also moved upwards very clearly. The most asked titles are those…

This article includes a total of 180 words.

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