Immofinanz has become the first real estate company to join the ATX five which comprises the five highest-weighted stocks in the Austrian ATX index.
Immofinanz has become the first real estate company to join the ATX five which comprises the five highest-weighted stocks in the Austrian ATX index.
Immofinanz replaces Telekom Austria in the top five, which further comprises OMV, Erste Group, Voestalpine and Andritz. The new composition will take effect on 19 March.
The move into the top five comes a year after Immofinanz shares were listed on the Vienna Stock Exchange.
‘Only one year after inclusion in the ATX, we have now joined the ATX five – which further underscores the importance of Immofinanz for the Austrian financial market,’ said board chairman Eduard Zehetner. ‘This will give us greater visibility and strengthen our position in the leading index – and should also have a positive effect on the share development,’ he added.
