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Geopolitical Developments have Negative Impact on VSE Performance
The Vienna Stock Exchange looks back at an eventful year 2014. A weak performance of the leading index, ATX, contrasted with numerous highlights such as large capital increases, the successful public offering of FACC AG, a record-year in terms of new corporate bonds listings and heigh liquidity, i.e. an increase in trading volumes and number of transactions.
The performance of the ATX dropped by 15.18% / Picture: © Vindobona.org
While overall developments were mostly successful and satisfactory, the performance of the ATX dropped by 15.18% as compared to year-end 2013.
It was dragged down by two of the principal industries represented in the index (banks 24%; oil & gas 12%) that were negatively affected by the geopolitical crisis between the Ukraine and Russia and in the Middle East and also by the…
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