Significant Decline in Stock Exchange Turnover

Politics ♦ Published: July 5, 2011; 14:09 ♦ (Vindobona)

Trading volume at the Vienna Stock Exchange has fallen dramatically in the first half of the year. The negative development is blamed on the capital gains tax on securities.

Decline in Stock Exchange Turnover / Picture: © Wikimedia Commons / Bwag [CC BY-SA 4.0]

The 40 most important shares of the Vienna Stock Exchange have registered a massive drop in trading volume. Turnover in the first six months of the year amounted to € 32.64bn, which is 21% less than in the same period of 2010. Last year, trading volume totaled € 41.40bn. The highest decline was recorded in May. Total turnover almost halved from € 7.73bn to €…

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