(PRESS RELEASE) VIENNA, 16-Sep-2022 — /EuropaWire/ — Wiener Börse AG, the operator of the stock exchanges in Vienna and Prague, has announced that PIERER Mobility AG, Europe’s leading manufacturer of “powered two-wheelers”, will be joining the ATX Global Players Index. At the same time, AGRANA Beteiligungs-AG, a globally operating processor of agricultural raw materials, will be removed from the index. The act follows the application of the index rules, as well as the review of the company’s reports, which triggers the composition of the ATX Global Players index to be adjusted in effect as of Monday, 19 September 2022. In general, the index rules stipulate that more than 20% of revenues must be generated outside Europe. Furthermore, the new composition of the ATX five (inclusion of Andritz, deletion of voestalpine) as well as the new free float factors will enter into force next Monday.
The ATX Global Players consists of Austrian prime market companies that generate more than 20% of their revenues on the world market. Currently there are 15 index members. The sectors most strongly represented are production technology & machinery (26%), mining & metals (21%), chemicals (12%), hardware & equipment (13%) and oil & gas (8%). The maximum index weighting of one constituent is adjusted quarterly to 20%. The index composition is reviewed once a year in September. The index is designed as an investable benchmark. Investors can participate in the index development via financial products. The ATX Global Players is calculated in real time and is based on a quantitative methodology laid down in the index rules.
About the Vienna Stock Exchange
As the main provider of market infrastructure in the region, Wiener Börse AG is the gate to global markets. Operating the stock exchanges in Vienna and Prague, the group offers state-of-the-art systems, information and IT services. Listed companies receive maximum liquidity and investors benefit from fast and cost-effective trading by the market leader. Wiener Börse AG also collects and distributes stock market data and calculates the most important indices of the region. Because of this unique know-how the national stock exchanges in Budapest, Ljubljana and Zagreb trust its IT services. Additionally, the group holds stakes in energy exchanges and clearing houses.
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This press release may contain certain forward-looking statements and forecasts that are based on assumptions current made at the time of publication of this press release. We do not assume any liability for these forward-looking statements materializing. Furthermore, we would like to explicitly point out that this press release cannot serve as a basis for investment decisions and may not be construed as a solicitation to buy or a recommendation to invest by Wiener Börse AG. No liability is assumed for the information given in this press release.
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SOURCE: Wiener Börse AG