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Austrian Investment Funds down by € 10.7bn in 2011
Last year, Austrian investment funds registered a negative performance of 32%. Eurozone-funds were down by 19.52%, U.S. funds only by 3.0%.
April 11, 2012
Nowotny Ask For Alternative to Financial Transaction Tax
The governor of the Austrian Central Bank (OeNB) sees a good sign in Austria´s low interest rate on sovereign bonds. The introduction of a European financial transaction tax is unrealistic, the governor says.
April 11, 2012
S&P: Austrian Banks Still Weakly Capitalized
The U.S. rating agency S&P regards Austrian banks to record high capital shortfalls.
April 11, 2012
Major Loan to Immofinanz by Russian Sberbank
The Austrian real estate company Immofinanz Group and the Russian Sberbank have concluded a long-term financing agreement with a volume of up to $ 715m.
April 11, 2012
AVE Needs Fresh Funds
The waste management company, which is held by the Upper Austrian energy company Energie AG, intends to pursue its growth strategy in CEE. New capital is needed therefore.
April 10, 2012
Financial Transaction Tax: Schieder Raises Pressure on EU
Austria´s Financial State Secretary Andreas Schieder threatens to vote against higher EU contributions. To discuss about alternatives of the financial transaction tax is “too early.”
April 10, 2012
Austria Pays Less Interest
Despite the lost „AAA“, Austria´s interest rate on recently issued bonds is on a record low.
April 10, 2012
Austria Rejects Bank Bonds of Southern Euro-Members
The Austrian Central Bank will join Germany’s Bundesbank in rejecting as collateral bank bonds guaranteed by member states receiving aid from the European Union and the International Monetary Fund.
April 4, 2012
Massive Cut in Stock Turnover
In March, the Vienna Stock Exchange recorded a dramatic decrease in stock turnover. The first three months of 2012 brought a decline in sales by 40%.
April 3, 2012
Vienna Stock Exchange Calls for New Listings
Birgit Kuras, the new member of VSE´s management board aims to enhance the stock exchange´s importance and pushes for further privatizations.
March 27, 2012
Certificates: Optimism at BSE
The CEESEG-owned Budapest Stock Exchange has positive expectations for certificates in 2012.
March 21, 2012
Hypo Group´s Austrian Subsidiary in the Profit Zone
Hypo Alpe Adria Bank AG, the Austrian subsidiary of Hypo Alpe-Adria-Bank International AG, today reports positive results from ordinary business activities (EBT) in 2011 of € 10.18m.
March 20, 2012
Stagnation at Vienna Stock Exchange
At the moment, the Viennese Stock Exchange (VSE) has no new IPO´s to announce. The atmosphere in Vienna would be not investment-oriented enough, market observers say.
March 13, 2012 · Updated: March 13, 2012; 19:11
Drastic Decrease in Stock Market Turnover
In February, stock market turnover was down by 28% at Vienna Stock Exchange. In January, trade decreased by 35% compared to January 2011.
March 2, 2012
Raiffeisen Aims to Purchase Securities
In order to strengthen the capital structure, Austrian Raiffeisen Bank International wants to retain perpetual non-cumulative securities.
February 23, 2012
Significant Decrease in Security Holdings
In 2011, the volume of securities held by Austrian household declined substantially, which is due to the fall in share prices.
January 20, 2012
Austrian Balance of Current Accounts Positive
In the first three quarters of 2011, the Austrian economy achieved a strong performance. The balance of current accounts was significantly positive.
January 9, 2012
Substantial Decrease in Stock Market Turnover
The Vienna Stock Exchange recorded a decline in stock market turnover by 18% in 2011. This is also due to new taxes.
January 2, 2012
Austrian State Print Office to Go Public
Shares of the State Print Office (Österreichische Staatsdruckerei) will be traded by November 11 in the “standard market auction” segment.
November 7, 2011
Austrian Households Control Assets worth € 471bn
Despite a declining savings rate, households remain the most important provider of capital to domestic banks.
November 3, 2011
Gold Remains Popular for Austrians
27% of Austrians expect higher profits from gold than from shares, bonds or investment funds.
October 22, 2011
UniCredit is Optimistic For ATX
Despite several uncertainties, UniCredit sees the potential of a positive long-term development for the Austrian main index ATX. The new ATX target is 2700 points for the next 12 months.
October 11, 2011
RBI: „There Is No Reason to Write Off“
After Erste Group has published its highly negative forecast for 2011, Raiffeisen Bank International came under pressure. RBI underlines that its risk is not comparable to that of Erste Group.
October 10, 2011
S Immo Decides to Launch Share Repurchase Programme
The share repurchase programme of the Austrian real estate Group starts on 6 October 2011.
October 4, 2011
Slovenian Blue Chips to Double List at Vienna Stock Exchange
In order to align with international capital markets the Ljubljana Stock Exchange wants to offer Slovenian companies the chance of double listing.
September 16, 2011
Immofinanz 2011 Convertible Bond Conversion Period Ends October 6
The Austrian real estate company Immofinanz informs, that the conversion of the convertible bonds 2011 is possible only until 06 October 2011 at 4.00 pm (CET).
September 13, 2011
FMA: Negative Performance of Austrian Pension Funds
The Financial Market Authority (FMA) reports a negative performance of Austrian pension funds for 2011: total return amounted to -1.2% for the first six months.
September 13, 2011
Stock Market Forecast: ATX at 2,350 Points at Year End
The expected year-end value of the Austrian index was revised downwards from 3,000 to 2,350 points. Analysts predict continued weak development well into 2012.
August 13, 2011
UniCredit Sees ATX at 3,200 Points in 12 Months
The bank’s analysts expect the Austrian stock index to recover within the next 6 to 12 months. Close links with Germany and Eastern Europe are seen as an advantage.
July 22, 2011
“Capital Gains Tax Has a Strong Negative Effect on Private Investment Volumes”
Erste Group Research expects a moderately positive performance for the ATX in the second half of 2011. Top picks: OMV, RHI, Immofinanz, voestalpine, AMAG, Kapsch, Polytec, AT&S.
July 20, 2011
Wealth Growth of Private Households Comes to a Halt
Austrian households’ financial assets increased only marginally to € 462bn in the first quarter. Investments in bank bonds were the driving factor with a total of € 1.1bn.
July 14, 2011
Significant Decline in Stock Exchange Turnover
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.
July 5, 2011
bwin.party to Start Share Buy-Back and Dividend Payments
The Austro-British gambling group starts paying dividends this year. Shares for up to € 75m will be bought back by the company.
June 30, 2011
Almost One Million Shareholders in Austria
Compared internationally, the Austrian population has a very low interest in the stock market. Only 13% invest in shares or funds.
June 21, 2011
Massive Drop in Trading at the Vienna Stock Exchange
Trading volume slumped by 42% to € 4.4bn as a result of the new capital gains tax on securities. The proportion of Austrian investors fell to 26%.
June 9, 2011
"Need for Improvement" in Austria's Capital Market
According to a study by Ernst &Young;, the domestic capital market shows deficits particularly in the areas of investor protection, the depth of the capital markets and corporate governance.
May 10, 2011
RBI Joint Bookrunner for € 1.75bn Bond
The bond, which is issued by Banca Monte dei Paschi di Siena, is the second largest EUR-denominated senior unsecured issue by an Italian bank in 2011
May 10, 2011
Capital Transfers Still Below Pre-Crisis Level
Austria's financial transactions with foreign countries continue to be influenced by the aftermath of the crisis: investment in foreign securities has increased only slightly (€ 6.4 bn).
May 5, 2011
Erste Group Launches Rising Markets Indices
Erste Group launches Rising Markets Indices for bonds and equities focusing on high-opportunity countries. Country selection based on criteria such as GDP growth, population growth, anti-corruption measures and standard of living.
May 3, 2011
Stock Market Forecast: ATX Return 15%
Forecast of the UniCredit analysts: ATX should hit 3200 points over the next twelve months with a total potential return of 15 percent, dividends included.
May 3, 2011
Vienna Insurance Group Launches new ADR Programme in the US
The Vienna Insurance Group AG Wiener Versicherung Gruppe is grouping the independent American Depositary Receipt (ADR) programmes.
April 28, 2011
OMV: No Increase in Share on Petrom
The Austrian energy company OMV will not participate in OMV Petrom secondary public offering.
April 27, 2011
RCM - Raiffeisen Capital Management Company grew in 2010
Despite the international debt crisis and the repeated fears of a recession, money flowed back into the investment company last year.
April 23, 2011
Lenzing to switch to prime market of Vienna Stock Exchange on 18 April
Lenzing AG will start listing on the Vienna Stock Exchange’s prime market – the premium segment – as of 18 April 2011.
April 16, 2011
Austria's Small Caps with Above Average Performance
In the EU comparison, as well as to Large Caps, Austria’s Small Caps record large gains.
April 14, 2011
Criticism on AMAG IPO
The placement of the shares before today's initial public offering has not been undertaken correctly, according to bank representatives. On the first day of trading the shares lost 6% of the issue price.
April 9, 2011
AMAG Quotes at Vienna Stock Exchange
Vienna Stock Exchange: Initial listing of AMAG stock on prime market today.
April 9, 2011
ÖIAG Provides Increased Revenue for the Sate
The Austrian state holding company will deliver about 250mby means of higher dividend payments to its owner, the Republic of Austria.
April 8, 2011
AMAG: Issue Price set at € 19 per share
Trading on the official market (Prime Market) of the Vienna Stock Exchange commences on April 8, 2011
April 8, 2011
Economic Growth in CEE and Austria Remains Solid
Concerning the equity markets as well as the economic circumstances, Raiffeisen Research is quite optimistic. In 2011, a further economic recovery is expected.
April 6, 2011
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