Austrian Traded Index

The Austrian Traded Index (ATX ) is the main stock index in Austria. The ATX is calculated as most European indices, but unlike the DAX price index. Dividends are not included in the index.

Calculation

The Austrian Traded Index ( ATX) is continuously calculated and published during exchange trading. The index contains the shares of the 20 largest listed companies in Austria. The index only changes due to fluctuations in stock prices. Income from subscription rights and special would likewise change the index level without intervention by the Vienna Stock Exchange index corresponding adjustments by Wiener Börse same from such agreements, however. The weighting is based on the market value in free float ( = market capitalization of the free float shares). Corporate actions such as stock splits have no ( distorting ) influence on the index. The ATX also serves as a benchmark for the stocks traded on the Vienna stock exchange futures and options.

The composition of the ATX is reviewed twice a year as part of the index committee appointments in March and September. The main criteria for the inclusion or removal are capitalized free float and trading volume. With the semi- annual adjustment at most three ATX stocks can be replaced by non- ATX title. Heavyweights in the ATX were in February 2011 Andritz, Erste Group, OMV, Telekom Austria and voestalpine, which together accounted for about 60 percent of the index alone. The ATX is a registered trademark of Wiener Börse AG and represents a subset of the ATX Prime dar.

History

Historical Overview

The Austrian Traded Index ( ATX) was launched on January 2, 1991 with 1,000 points and was back-calculated to 31 December 1985. His previous low point was achieved by the index calculation on February 11, 1988 at 434.26 points. A very high price rise took place with an increase of 7.91 per cent on 22 August 1991. On 28 October 1997, the index lost due to the currency crisis in South East Asia 8.33 percent. Up to May 26, 1998, he climbed on a closing level of 1628.56 points, after that it went downhill again until 1003.72 on 10 October 2002. This was a decline since May 1998 by 38.4 percent. From there began a steady rise, which until June 17, 2005 did exceed the 3,000 -point mark for the first time in ATX. On 30 January 2006, the ATX closed at 4002.64 points for the first time over the 4,000 -point mark.

On 22 May 2006, the index fell by 7.47 percent. The reasons for this being close to the weak Ostbörsen were called falling oil prices and extreme profit taking. On 9 July 2007 the stock index ended trading at 4,981.87 points at an all time high. Since 10 October 2002 the profit amounted to 396.3 percent. One of the reasons for this high-altitude flight the involvement of Austrian companies in Eastern and Southern Europe is called, since over 80 percent of companies in the index in the reform countries operate. In the wake of the financial crisis starting in 2007, these investments, however, are increasingly presented as a problem out which manifested itself in heavy losses of ATX in the period between summer 2007 and summer 2009.

Due to the fear about the U.S. real estate crisis increased volatility. On 27 October 2008, the index suffered with 5 values ​​above 10 percent and another 11 values ​​above 6 percent lost 9.75 percent the biggest one-day crash. The second largest daily loss had the ATX few weeks ago suffered on October 8, 2008 ( 8.71 percent). The three largest daily increases in the history of the ATX experienced in the fall of 2008 because of the bailouts the U.S. government for the American financial industry. On 13 October 2008, the current record is held with 12.77 percent, and the other two days climbs found on 19 September 2008 ( 11.51 percent), and on 24 November 2008 ( 9.18 percent) instead. On 17 February 2009, the ATX fell by 8.62 percent.

A new low was achieved by the Index on March 9, 2009, when he finished trading with 1,411.95 points. Since July 9, 2007, this represents a decrease of 71.7 percent. The next high rise experienced the ATX on May 10, 2010 ( 9.10 percent) to the decision establishing the European Stability Mechanism. The March 9, 2009 marked the turning point of the descent. From the spring of 2009, the ATX was back on the way up. And 14 February, 2011, he rose by 112.5 percent to a closing level of 3000.70 points.

The slowdown in the global economy and the intensification of the euro crisis led to a fall in the Austrian blue-chip index. On 23 November 2011, the ATX ended trading at 1652.79 points. The loss since its peak on 14 February 2011 is 44.9 percent. The announcement of new bond purchase programs of the European Central Bank and the U.S. Federal Reserve in principle unlimited extent led to a recovery of prices in the stock market. The monetary stimulus played a greater role in price formation, as the global economic slowdown and the position of the company. On 9 January 2013, the index closed at 2494.76 points, up by 50.9 per cent as on 23 November 2011.

Highs

The overview shows the all-time highs in the ATX.

Milestones

The table shows the milestones of the back-calculated to 1985 ATX.

The best days

The table shows the best days of back-calculated to 1985 ATX.

The worst day

The table shows the worst days of back-calculated to 1985 ATX.

Annual development

The table shows the annual performance of the ATX since 1985.

Composition

The ATX was on 24 January 2013 from the following companies: