Bourses in Vienna, Budapest, Ljubljana and Prague Launch Family Brand, Two Joint Indices

The new stock exchange group (www.ceeseg.com) has unveiled two joint indices: the CEETX – CEESEG Traded Index and the CEESEG Composite index, the Vienna bourse said in a statement on its website on Thursday.

The CEETX is a capitalisation-weighted price index, which is made up of the 25 most actively traded and highest capitalised stocks of the member of the CEE Stock Exchange Group.

The CEESEG Composite Index is a capitalisation-weighted price index, which is composed of the constituents of the leading share indices of the member of the CEE Stock Exchange Group.

Together, the four exchanges calculate 52 indices, covering the region of Central and Eastern Europe (CEE), the Commonwealth of Independent States and also China.

With a market capitalisation of 128 billion euro ($187.9 billion) the CEE Stock Exchange Group accounts for half of the total market capitalisation and with a joint average monthly turnover of 11 billion euro for around two-thirds of equity turnover in the CEE region as of July 2009.

The Vienna bourse currently owns a 50.45% stake in the Budapest Stock Exchange. In June 2008, the Vienna Stock Exchange acquired a 81.01% stake in the Ljubljana bourse and proceeded with the purchase of 92.7% of the Prague bourse later that year.

($=0.6814 euro)