Abstract: The invention relates to an aqueous coating composition comprising a dispersed acrylate binder polymer, an alkali-soluble acrylic polymer with a weight averaged molecular weight of at most 200,000 g/mole and an acid value in the range of from 20 to 150 mg KOH/g polymer, and optionally a dispersed oxidatively drying resin, wherein the weight content of the oxidatively drying resin, if present, is lower than the weight content of the alkali-soluble acrylic polymer and wherein the weight content of the acrylate binder polymer is higher than the weight content of the alkali-soluble acrylic polymer, wherein the solid content of the coating composition is in the range of from 28 to 55 wt %, and the content of inorganic solid particles is in the range of from 8 to 40 wt %, based on the total weight of the coating composition.