CEE exchanges attract international investment

Published: May 18, 2010

Vienna, Budapest, Ljubljana and Prague saw upturn last year.

The stock markets of Vienna, Budapest, Ljubljana and Prague have benefited from rising demand from international institutional investors.

The four exchanges, subsidiaries of the CEE Stock Exchange Group, saw their combined free float of issuers rise to US$87.8bn during the second half of last year, according to new research by software company Ipreo.

The study shows that 86% of shares held by institutional investors are held by international names. The largest come from the US and the UK, followed by Austria, Germany and France.