ATX still Undervalued

Businessn.a. ♦ Published: January 15, 2011; 00:32 ♦ (Vindobona)

Much upward potential still exists for the Austrian leading index, because the ATX is still undervalued, according to Alois Wögerbauer.

ATX still Undervalued / Picture: ©

For the Generali Invest's CEO Alois Wögerbauer, the ATX still has scope for expansion. "The Vienna Stock Exchange is still 20% too favorable compared to other stock markets", Wögerbauer said on the occasion of the "Investment Lunch" in Linz.

For him, an investment in Austrian or German dividend shares is recommended. Material assets and emerging markets should be added.…