VSE Records Profit Decrease

Businessn.a. ♦ Published: June 14, 2012; 14:21 ♦ (Vindobona)

Vienna Stock Exchange announces results for 2011 and changes to supervisory board.

VSE Records Profit Decrease / Picture: © Wikimedia Commons / Bwag [CC BY-SA 4.0]

Wiener Börse AG, a 100% subsidiary of CEESEG Aktiengesellschaft, the holding company of the CEE Stock Exchange Group, announced a result from ordinary activities of € 24.35m (2010: € 29.18m) for the financial year 2011. The decline was due largely to lower trading volumes: domestic equity turnover dropped by 18% in 2011 vs. 2010.

“Trading volumes on the Vienna Stock…