The Vienna equity market exhibited volatile trading and was up by 1.1% at the close of the year. Performance was outstanding during the first half of the year. On 9 July, the ATX ended trading with a new alltime high of 4,981.87 points. This performance was primarily due to outstanding corporate results. Nevertheless, the market was unable to escape the effects of the international environment, and global stock markets pulled the ATX into a significant correction. Real estate stocks in particular came under pressure on the Vienna Stock Exchange.
More than ten billion Euro were raised through initial public offerings and capital increases in 2007, continuing the very high level achieved in the previous year. Trading volume at the Vienna Stock Exchange has increased to an average of EUR 15 billion per month. Market capitalisation climbed to a record high of EUR 157 billion in 2007.