Palfinger, a Salzburg-based crane manufacturer, will replace real estate company CPI Europe (formerly Immofinanz) in the Austrian ATX index, the Vienna Stock Exchange announced Tuesday evening. The change, effective March 23rd, marks Palfinger’s return to the leading index for the first time since 2010.
“The inclusion in the ATX reflects the successful development of the Palfinger share in recent years,” the company stated in a press release. “In 2025, the share price of Palfinger AG rose by around 70 percent, while trading volume on the Vienna Stock Exchange multiplied.”
A parallel shift is occurring within the ATX five – comprising the five highest-weighted stocks in the ATX – with steel corporation voestalpine taking the place of energy company Verbund, according to the Vienna Stock Exchange.
The composition of the ATX is reviewed semi-annually by an index committee. The criteria for inclusion are based on average daily trading volume (liquidity) and the proportion of freely tradable company shares on the market (free-float capitalization), according to the exchange.
The Vienna Stock Exchange too oversees Market Maker obligations, as reported by the exchange.
