Kauppalehti compiled a list of the ten most popular stocks on the Helsinki Stock Exchange. Income and the development of the number of owners have not marched hand in hand.
The order of the list of the most owned stocks on the Helsinki Stock Exchange has remained almost unchanged during the beginning of the year. Still, big changes were seen in the number of owners. Kauppalehti compiled a list of the change in the number of owners of so-called public shares and the price development during the beginning of the year.
Surprisingly, the company that lost the most owners brought the best returns at the beginning of the year. At the same time, the share, which fell by more than 30 percent in the past year, attracted the most new owners.
Nordea still holds the top spot
For several years now, the Helsinki Stock Exchange company has been a banking group at Nordea has clearly had the most owners. The number of owners of the company increased by 5,400 owners during the beginning of the year.
Thanks to high interest rates, Nordea has forged strong results. The company’s early-year result, published in April, exceeded analysts’ expectations predictions clearly. Nevertheless, the development of Nordea’s share price has been fairly steady. The share has fallen by around one percent since the beginning of the year.
Neste’s rough year has not driven away investors
The oil refining company has clearly offered the worst annual return on the list of public stocks In this. Neste’s share price has fallen by around 32 percent during the current year, which is clearly the worst return percentage on the list of popular stocks.
Neste’s results for the beginning of the year, published at the end of April, were for investors frustration. Neste said after the results announcement that the company’s CEO Matti Lehmus leave his job. A steel company has been appointed as Neste’s new CEO Outokumpu current CEO Heikki Malinen.
Despite the difficulties, however, the share has attracted investors. During the beginning of the year, the company’s number of owners increased by more than 15,000 owners. The increase is almost ten percent in relation to the company’s slightly more than 163,000 owners.
Nokia’s popularity is declining, but the share price is rising
Network equipment company Nokia was the most owned stock on the Helsinki Stock Exchange for a long time. After Nordea moved to the top of the list, Nokia has held the silver spot.
A return to the number one spot does not seem likely, as the company’s number of owners decreased by more than 8,000 owners during the beginning of the year. The decrease in the number of owners was clearly the largest among the companies on the list of public stocks.
However, Nokia’s price performance during the beginning of the year has clearly been the best among the listed companies. Nokia ended 2023 with a profit warning, but since then the company’s share price has already risen by around 14 percent.
Kesko passed Wärtsilä on the list
There were only two changes in the order of the list of the ten most owned stocks compared to the beginning of the year.
Energy company Fortum wedged into the third most owned stock was the asset management and life insurance company Mandatum past. Fortum’s number of owners increased by no less than 13,000 owners.
The second change in the list of the most owned stocks was the engineering industry Wärtsilä falling off the list. The company’s place was taken by a trading group Kesko. The number of Kesko owners increased by more than 5,300 owners.