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Published:
This is an archived release.
Strong finish to 2016
During the fourth quarter of 2016, the value of listed shares registered with the Norwegian Central Securities Depository increased in value by 11.5 per cent. 2016 was a good year for the stock market, with rising prices in three out of four quarters.
1st quarter 2016 | 2nd quarter 2016 | 3rd quarter 2016 | 4th quarter 2016 | |
---|---|---|---|---|
Stocks (market value) | ||||
Shares (listed) | 1 733.7 | 1 812.9 | 1 875.1 | 2 091.5 |
Shares (unlisted) | 433.2 | 427.6 | 422.1 | 439.3 |
Long-term debt securities issued in Norway | 1 759.7 | 1 802.7 | 1 832.3 | 1 863.6 |
Short-term debt securities issued in Norway | 182.3 | 177.0 | 161.2 | 155.8 |
Equity certificates | 31.4 | 34.0 | 37.4 | 43.1 |
Dividends/coupon payments | ||||
Shares (listed) | 6.8 | 43.8 | 7.3 | 15.2 |
Shares (unlisted) | 2.9 | 8.8 | 1.9 | 2.0 |
Long-term debt securities issued in Norway | 10.9 | 21.4 | 8.1 | 9.9 |
Short-term debt securities issued in Norway | 0.3 | 0.4 | 0.3 | 0.3 |
Equity certificates | 0.2 | 1.0 | .. | 0.0 |
The value of the listed shares in the VPS increased by NOK 216 billion in the fourth quarter of 2016 to NOK 2 091 billion. The increase was mainly due to increasing stock prices at Oslo Stock Exchange, which rose in line with most other stock markets in the world in this quarter. The All-Share Index, OSEAX, which shows price movements in shares listed on the Oslo Stock Exchange, increased by 11.9 per cent to 764.66 points as of 31 December 2016. For the year as a whole, the OSEAX shows a 17.8 per cent rise in share prices of listed shares.
Debt securities issued in Norway
At the end of the 4th quarter of 2016, the total face value of short-term and long-term debt securities issued in Norway was NOK 2 018 billion. This corresponds to a rise of 1.8 per cent compared to the end of the previous quarter. However, the composition of the debt is somewhat changed, as there have been net issues of long-term debt securities for NOK 32.1 billion during the period, while short-term debt securities have been net redeemed to a value of NOK 5.4 billion.
Eighty-seven per cent of the debt was registered as issued by Norwegian borrowers at the end of the quarter.
Debt securities issued by Norwegian borrowers abroad
The total face value of short-tem and long-term debt securities issued by Norwegian borrowers abroad was NOK 1 801 billion. This corresponds to an increase of 1.1 per cent compared to the end of the 3rd quarter. Similar to the debt securities issued in Norway, the composition of this debt is also somewhat changed compared to the previous quarter, but in the opposite direction. Norwegian borrowers issued short-term debt securities abroad for NOK 8.9 billion, while net redeeming long-term debt securities for NOK 37 billion in the 4th quarter.
Long-term debt securities distributed by type of security
About 41 per cent of the outstanding amount of long-term debt securities issued in Norway was unsecured debt at the end of the 4th quarter of 2016. By comparison, covered bonds made up 27 per cent of the total debt, while long-term debt securities guaranteed by the public made up 21 per cent.
Contact
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Steven Chun Wei Got
E-mail: steven.got@ssb.no
tel.: (+47) 90 82 68 27
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Ole Petter Rygvold
E-mail: ole-petter.rygvold@ssb.no
tel.: (+47) 47 27 23 62
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Harald Stormoen
E-mail: harald.stormoen@ssb.no
tel.: (+47) 95 91 95 91