Bad Times for Vienna Stock Exchange

People ♦ Published: September 4, 2012; 18:53 ♦ (Vindobona)

Compared to August 2011, stock turnover fell by 66% last month. Turnover only reached € 2.3bn.

Bad Times for Vienna Stock Exchange / Picture: © Wiener Börse AG

This August, Vienna Stock Exchange recorded the biggest slump in stock turnover ever since. In August 2011, stock turnover came at € 6.9bn. In July, the decrease in turnover was 50%. As a result, this is the lowest stock turnover figure since 2003.

In the first eight months of 2012, stock turnover totaled € 24.62bn. Against the reference period of 2011, this is a decrease of…