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Published:
This is an archived release.
Strong finish to 2013
During the fourth quarter of 2013, the value of VPS-registered stocks increased in value by 9.6 per cent. 2013 was a good year for the stock market, with rising prices in three out of four quarters.
1st quarter 2013 | 2nd quarter 2013 | 3rd quarter 2013 | 4th quarter 2013 | |
---|---|---|---|---|
Stocks (market value) | ||||
Shares (listed) | 1 648.5 | 1 561.2 | 1 682.0 | 1 843.7 |
Shares (unlisted) | 419.5 | 408.9 | 410.5 | 440.1 |
Bonds | 1 625.1 | 1 612.8 | 1 641.8 | 1 663.0 |
Short-term securities | 276.2 | 255.0 | 254.9 | 234.1 |
Equity certificates | 20.7 | 20.2 | 20.5 | 24.5 |
Dividends/coupon payments | ||||
Shares (listed) | 0.7 | 60.6 | 3.5 | 3.5 |
Shares (unlisted) | 0.5 | 2.8 | 0.9 | 1.1 |
Bonds | 10.0 | 28.4 | 10.6 | 11.5 |
Short-term securities | 0.5 | 0.5 | 0.4 | 0.5 |
Equity certificates | 0.1 | 0.8 | .. | 0.0 |
The value of the VPS-registered enterprises increased by NOK 162 billion in the fourth quarter of 2013 to NOK 1 844 billion. The main cause is rising stock prices at Oslo Stock Exchange, which rose in line with most other stock markets in the world. The All-Share Index, OSEAX, which shows price movements in shares listed on the Oslo Stock Exchange, increased by 9.2 per cent to 602 points in the fourth quarter; the highest registered level at the end of a quarter. The value of the VPS-registered listed shares is not however back at the 2008 level. The main reason for this is that listed enterprises have paid out significant funds in dividends, hence lowering the price of the shares. A stock index gives a more correct picture of developments in price over time.
Households net sell listed shares
During the fourth quarter of 2013, households net sold listed shares of about NOK 1 billion. Approximately 40 per cent of these sales were made in state-owned enterprises. Households net sold listed shares in all four quarters of 2013, and total net sales of listed shares amounted to NOK 2.3 billion in 2013.
Foreign investors net sell shares of private non-financial enterprises
Foreign investors net sold shares issued by private non-financial enterprises for approximately NOK 1.8 billion in the fourth quarter of 2013. The net sale can be attributed to the foreign enterprise Vale’s sale of its stock of Hydro shares. The sale had a total value of NOK 11 billion and has been reported in the media.
Increased stocks of bonds
In the fourth quarter of 2013, the stocks of bonds increased by NOK 21 billion to NOK 1 663 billion at the end of the quarter. Holdings of short-term bonds fell in the third quarter by NOK 21 billion to NOK 234 billion.
See the statistics “Bonds and commercial papers” for more information on which sectors issued the bonds in the fourth quarter of 2013.
The statistics is now published as Securities.
Contact
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Statistics Norway's Information Centre
E-mail: informasjon@ssb.no
tel.: (+47) 21 09 46 42