In May, 2,081,968 trades were made in stocks, warrants and options among Nordnet’s customers in Sweden, Norway, Denmark and Finland. That corresponds to 101,559 trades on average per day.
- May started off with a bullish market, which declined rapidly at the end of the month. Contributing factors were the political crisis in Italy as well as uncertainty about trade agreements and customs, which reduced the willingness to take risk. Nordic stock exchanges generally performed well, with Stockholm as the only exception, and the trading activity of the private partners is on the same level as the month before, says Johan Tidestad, Head of Communications at Nordnet.
Table: Nordnet’s total trades on all exchanges and market places for all customers, and average number of trades per day. Average number of trades per day is calculated as total trades divided by the number of days the Swedish exchanges are open.
|2018||2017||one year||2018||one month|
|Number of trades|
|Average per day||101,559||102,585||-1,0%||101,730||-0,2%|
|Traded value cash market (SEK million)||65,233||63,294||3,1%||62,871||3,8%|
* Cash market relates to trades in stocks, warrants, ETFs and certificate.
For more information, please contact:
Johan Tidestad, Head of Communications
+46 708 875 775, email@example.com
Nordnet is a bank for investments and savings with business in Sweden, Denmark, Finland and Norway. The idea behind Nordnet is to give customers control of their money, and the goal is to become the no. 1 choice for investments and savings in the Nordics. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.