Article Tools

Significant Decrease in Security Holdings

Published: January 20, 2012; 16:52 · (Vindobona)

In 2011, the volume of securities held by Austrian household declined substantially, which is due to the fall in share prices.

Decrease in Security Holdings / Picture: © Vindobona.org

In the third quarter 2011, Austrian household faced a severe loss in security holdings. Losses reached € 5.5bn, which is primarily due to the fall in share prices. As a result, security holding registered a similar decrease in value as in the third quarter 2008. The market value of securities held by Austrian households accounted for € 94bn in September 2011. This is the same value…

This article includes a total of 181 words.

or Log In

Fast News Search