The Helsinki Stock Exchange has released a list of the ten most popular stocks, showing that there is no direct correlation between income and the number of owners. Despite this, the order of the most owned stocks has remained relatively stable at the beginning of the year, with some fluctuations in ownership numbers.
One of the most surprising findings on the list is that the company that lost the most owners had the best returns at the beginning of the year. On the other hand, a stock that had decreased significantly in value in previous years attracted more new owners. Nordea, a banking group, remains at the top of the list with an increase of 5,400 owners.
Neste, an oil refining company, experienced a 32% fall in share price in current year but saw an increase of over 15,000 new owners. Nokia, a network equipment company, previously held first place on this list but was surpassed by Nordea and saw a decrease of over 8,000 owners at start of year but had best price performance among listed companies.
Two new companies Fortum and Kesko have joined this list replacing Mandatum and Wartsila respectively. Fortum gained over 13,000 new owners while Kesko gained more than 5,300 new owners. Despite fluctuations in ownership numbers and performance these companies continue to attract investor attention on Helsinki Stock Exchange.