ATX: UniCredit expects 11% Return in 2011

Businessn.a. ♦ Published: January 29, 2011; 00:48 ♦ (Vindobona)

Austrian stock market outlook for Q1 2011: Vienna Stock Exchange creeps up again

ATX: UniCredit expects 11% Return in 2011 / Picture: © Vindobona.org

With a 16 percent increase in the ATX, last year the Vienna Stock Exchange was the second best-performing stock market in the euro zone. In the process the market benefited specifically from the nascent boom in Germany and from the Eastern European recovery. Both these trends had a positive impact on both profits and the wider business prospects of listed companies. Furthermore,…