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21st Austria weekly - Vienna Stock Exchange (08/03/2024)

10.03.2024

Vienna Stock Exchange: On the occasion of International Women's Day, the Vienna Stock Exchange will once again "Ring the Bell for Gender Equality". The event on 8 March – part of an initiative involving around 120 stock exchanges worldwide – aims to raise awareness of women's economic participation and equality. Financial education is a key topic in this regard, as the "Aktienbarometer" – a study by Aktienforum, the Federation of Austrian Industries (IV) and the Vienna Stock Exchange – shows. Although there is an urgent need for financial education in society as a whole, the survey found that women have a particularly high need to catch up when it comes to financial knowledge. According to the "Aktienbarometer”, women rate their financial knowledge as significantly less profound than men. 77% of the women surveyed stated that they refrain from investing in securities due to a lack of financial literacy. By comparison, men also require training and further education, although the proportion of those rating their financial expertise as inadequate is clearly lower at 61%. This also reflects in securities ownership, as while 19% of women use securities for long-term wealth accumulation, almost twice as many men do so at 36%.
ATX: weekly performance: -0.00%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (08/03/2024)


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21st Austria weekly - Vienna Stock Exchange (08/03/2024)


10.03.2024, 1361 Zeichen



Vienna Stock Exchange: On the occasion of International Women's Day, the Vienna Stock Exchange will once again "Ring the Bell for Gender Equality". The event on 8 March – part of an initiative involving around 120 stock exchanges worldwide – aims to raise awareness of women's economic participation and equality. Financial education is a key topic in this regard, as the "Aktienbarometer" – a study by Aktienforum, the Federation of Austrian Industries (IV) and the Vienna Stock Exchange – shows. Although there is an urgent need for financial education in society as a whole, the survey found that women have a particularly high need to catch up when it comes to financial knowledge. According to the "Aktienbarometer”, women rate their financial knowledge as significantly less profound than men. 77% of the women surveyed stated that they refrain from investing in securities due to a lack of financial literacy. By comparison, men also require training and further education, although the proportion of those rating their financial expertise as inadequate is clearly lower at 61%. This also reflects in securities ownership, as while 19% of women use securities for long-term wealth accumulation, almost twice as many men do so at 36%.
ATX: weekly performance: -0.00%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (08/03/2024)



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