The parent of BSE, the CEE Stock Exchange Group of Vienna, accounted for almost half of total market capitalization and around one-third of total trading volume in equities in Central and Eastern Europe at year-end, making it the largest stock exchange group of the region, CEESEG said.
As of 31 December 2010, market capitalization on the Budapest Stock Exchange (BSE) was €20.9 billion, while average monthly equity turnover €1.7 billion. Last year, there was one IPO on the BSE - CIG Pannónia - and five listings without public offering as well as ten capital increases, CEESEG recalled.
In January 2010, the four stock exchanges of Vienna, Budapest, Ljubljana and Prague were integrated as subsidiaries into the holding company, CEESEG AG. After Vienna, the trading system Xetra was implemented on the Ljubljana Stock Exchange too, in December, and Prague and Budapest will follow suite.
On the Ljubljana Stock Exchange, equity market capitalization was €7 billion at year-end, and average monthly equity turnover was €41 million. There was one new listing, Agrogorica d.d., in 2010 as well as five capital increases.
In Prague, market capitalization was €55.03 billion at year-end, and average monthly equity turnover €1.28 billion. There was one IPO on the Prague Stock Exchange - Fortuna - and one listing without raising capital as well as five capital increases. In July 2010, the Prague Stock Exchange started operation of its 100% subsidiary, the new Central Securities Depository Prague.
The Vienna Stock Exchange's market capitalization was €91.86 billion at year-end, and average monthly equity turnover €3.05 billion. In 2010, the Vienna Stock Exchange acquired seven new trading members. There are now 55 international banks admitted to trading on the Vienna Stock Exchange that account for almost 65% of equity turnover. There were no IPOs on the Vienna Stock Exchange in 2010, but six companies were included in trading on the Third Market and six capital increases were carried out. (MTI – Econews)