Helsinki Stock Exchange Reports 30% Decline in Turnover, But Nordnet’s Domestic Share Purchases Rise.

Nordnet Reports Decline in Trading on Helsinki Stock Exchange as Finns Turn to Foreign Markets

In March, the Helsinki stock exchange experienced a significant decrease in turnover compared to the previous year, with a decline of around 30%. Despite this, Nordnet’s Finnish customers continued to show interest in domestic shares, net buying an increase of 14 million euros. However, foreign listed shares saw a net increase of 30 million euros, reflecting the shift in focus towards international investments.

The number of trades on the exchange decreased by 34.9% in March from the previous year, coinciding with an increase in interest in foreign investments as stock indexes in the United States rose by around 10%. Despite this decline in trading activity, Nordnet customers showed no rush to buy dividend stocks like they did in the previous year.

The most net bought stock in March was Neste, which saw a decline of 23% since the beginning of the year. Despite this, private investors remained optimistic about its future success. Other stocks with significant net purchases included energy companies Fortum and IT company Tietoevry. Meanwhile, Konecranes was the most net sold share in March.

Among foreign stocks that saw significant net purchases were Rheinmetall, MicroStrategy, and Nvidia. The best-selling foreign stocks included German energy company E.ON, American hypermarket chain Dollar General and US semiconductor manufacturer AMD. Overall, despite the decline

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