The Helsinki Stock Exchange recently released a list of the top ten most popular stocks among its investors. While the number of owners of these stocks did not necessarily correspond to their financial performance, the ranking remained relatively stable, with some fluctuations in ownership numbers.
One stock that experienced a significant decrease in ownership numbers saw the best returns at the beginning of the year. On the other hand, a stock that had fallen significantly in the past year attracted the most new owners. Despite having the worst annual return among popular stocks, Neste attracted over 15,000 new owners at the beginning of the year.
Another notable change was Fortum moving into third place on the list of most owned stocks, surpassing Mandatum. Kesko also replaced Wärtsilä on this list. Meanwhile, Nokia saw a significant decrease in ownership numbers but still had strong price performance since then end of 2020. Their share price increased by around 14% since then beginning of year.
Overall, while there were fluctuations in ownership numbers and rankings for popular stocks on Helsinki Stock Exchange, some interesting trends emerged in this market.
Nordea has consistently been one of the most owned banks on Helsinki Stock Exchange for several years and saw an increase of 5,400 owners at the beginning of 2021 thanks to strong financial results.
Another notable trend was seen with Fortum moving into third place as one of most owned stocks after surpassing Mandatum. Additionally Kesko replaced Wärtsilä on top ten list.
While Nokia saw a significant decrease in ownership numbers at start of year but their price performance was still good with share price increasing by around 14%. Despite challenges faced by these companies during past year they have been able to attract new investors and maintain their popularity among existing ones.
In conclusion, while financial performance does not always directly correlate with ownership numbers for popular stocks on Helsinki Stock Exchange, there are still interesting trends emerging from this market that investors should keep an eye out for as they make investment decisions.
