Content
Published:
This is an archived release.
Increase in equity values
The value of quoted shares registered with the Norwegian Central Securities Depository (VPS) increased by 6.9 per cent during the first quarter of 2015. The increase amounts to NOK 123 billion. Foreign investors continued to purchase quoted shares as well as other securities registered with VPS for considerable amounts during this quarter.
2nd quarter 2014 | 3rd quarter 2014 | 4th quarter 2014 | 1st quarter 2015 | |
---|---|---|---|---|
Stocks (market value) | ||||
Shares (listed) | 2 001.7 | 1 934.8 | 1 788.8 | 1 912.3 |
Shares (unlisted) | 463.1 | 435.8 | 471.0 | 515.0 |
Bonds | 1 741.6 | 1 750.9 | 1 772.8 | 1 776.3 |
Short-term securities | 158.3 | 158.6 | 149.5 | 165.6 |
Equity certificates | 25.2 | 27.4 | 27.7 | 28.9 |
Dividends/coupon payments | ||||
Shares (listed) | 68.8 | 9.9 | 11.1 | 6.5 |
Shares (unlisted) | 3.0 | 1.0 | 2.2 | 1.3 |
Bonds | 26.6 | 10.6 | 11.9 | 11.5 |
Short-term securities | 0.4 | 0.3 | 0.4 | 0.3 |
Equity certificates | 0.8 | .. | .. | 0.2 |
Increasing share prices on the Oslo Stock Exchange is the main reason for the growth in the market value of the quoted shares from the previous quarter. The All-Share Index (OSEAX), which shows price movements in shares listed on the Oslo Stock Exchange, increased 7.3 per cent from the end of the fourth quarter last year to the end of the first quarter this year. The positive development means that much of the loss due to the significant decrease in share prices in the fourth quarter has been regained and that the market value of the quoted shares at the end of the first quarter is about the same level as at the end of the third quarter last year.
The market value of the unquoted shares registered with VPS increased by NOK 44 billion in the first quarter. This corresponds to an increase of 9.4 per cent.
Foreign investors continue to buy securities
Foreign investors made the largest net purchases of securities in the first quarter, buying securities worth NOK 22.7 billion. About half of this amount, i.e. NOK 11 billion, relates to purchases of quoted shares. Foreign investors also bought unquoted shares and short-term debt securities worth NOK 6.1 billion and NOK 6.6 billion respectively during this quarter.
Other large investors of securities during the first quarter were banks, the central government and mutual funds. While banks net bought securities totalling NOK 16.3 billion, the central government and mutual funds net purchased securities worth almost NOK 13 billion each. Most of these investments were made in bonds.
Mortgage companies net sold securities totalling NOK 29.5 billion in the first quarter. Of this, they sold bonds worth NOK 31.5 billion and bought short-term debt securities worth NOK 2 billion.
By way of comparison, public incorporated enterprises owned by central government net sold securities worth NOK 5.4 billion, of which more than half was due to sales of quoted shares.
Outstanding amounts of bonds and short-term debt securities
The market value of the total outstanding amounts of bonds registered with VPS was NOK 1 776 billion at the end of the first quarter; corresponding to an increase of 0.2 per cent compared to the previous quarter. The market value of the total outstanding amounts of short-term debt securities, which have an original term to maturity of one year or less, increased by 10.8 per cent during the quarter, to NOK 166 billion at the end of the quarter.
For more information on institutional sectors issuing debt securities registered with VPS, see Statistics Norway’s Bonds and commercial papers statistics.
The statistics is now published as Securities.
Contact
-
Statistics Norway's Information Centre
E-mail: informasjon@ssb.no
tel.: (+47) 21 09 46 42