Share trading rose to just under DKK 168 billion of which the turnover in TDC alone amounted to DKK 77.4 billion or 46 percent of the total turnover. The value of average daily trading was DKK 7.6 billion and was especially pulled up by the implementation of the takeover bid for TDC on January 27 on what day the turnover arrived at DKK 63.5 billion. The OMX Copenhagen index comprising all shares listed on the Copenhagen Stock Exchange closed January at largely the same level as at year-end with a mere increase of 0.24 percent and a closing value of 368.37. OMXC20 dropped throughout January by 1.13 percent and closed January at 389.06. The MidCap+ and SmallCap+ indices gained 5.17 percent and 7.20 percent, respectively.
In January, the value of trading in A.P. Møller – Mærsk B amounted to DKK 14.1 billion, followed by Vestas Wind Systems with DKK 9.5 billion and Danske Bank with DKK 9.4 billion.
11 listed companies raised combined proceeds of DKK 2.2 billion via new issues of which Genmab topped the month by raising DKK 845.3 million.
At the end of January, 176 companies were listed on the Copenhagen Stock Exchange with a total market capitalization of DKK 1,168 billion.
The turnover in investment certificates reached an all-time high for the second consecutive month. The turnover in exchange-listed investment certificates rose to DKK 14.5 billion, up from DKK 13.6 billion in December 2005. The number of transactions was 118,431 against the record of 151,030 in December. The value of average daily trading in exchange-listed investment certificates totalled DKK 661 million distributed on 5,383 trades.
The turnover on the XtraMarked for non-exchange listed investment certificates was also the best on record reaching DKK 7.3 billion, up from the December record of DKK 5.6 billion. The number of transactions in investment certificates on the XtraMarked rose from the previous all-time high of 33,166 in December 2005 to 37,912.
The bond turnover in January amounted to DKK 543 billion, corresponding to an average of DKK 24.7 billion per day. The value of trading in four bond series each reached nearly DKK 20 billion. Nykredit’s INK 90D with expiry in 2007 was the most traded at DKK 39.2 billion. Then came the Government’s 4% bullet loan expiring in 2015 with a turnover of DKK 38.1 billion. The turnover of Realkredit Danmark’s 2% 10D s. with expiry in 2007 amounted to DKK 22.1 billion whereas the turnover of the Government’s 3% treasury bill was DKK 21.3 billion.
