For the second month in a row, Danske Bank was the most active share with a turnover of DKK 4.7 billion - 1.7 per cent higher than October. Novo Nordisk B and TDC followed with DKK 4.2 billion and DKK 3.7 billion, respectively. In total, the KFX shares accounted for 83 per cent of share trading.
The KFX Index increased by 4.3 per cent, but has dropped 23 per cent since the end of 2001. The prices of individual shares developed very differently over the month. Nordea and ISS thus saw price increases of 24.0 and 22.9 per cent, respectively, while Vestas and NEG Micon plunged by 35.9 per cent and 21.4, respectively.
The value of trading in unit trust certificates came to just under DKK 1.5 billion, which is a fall of 27 per cent compared with October. The trading volume in November is on level with the volumes in August and September 2002.
Bond trading in November amounted to DKK 538.4 billion which is 6 per cent lower than the month before. However, bond trading remained on a relatively high level, which proves that the refinancing wave is still sweeping the country.
The most active government bond was 5% INK Bullet Loan 2013 with a turnover of DKK 39 billion, and Nykredit's 6% 3C s. 2029 peaked among the mortgage credit bonds with a turnover of DKK 13 billion.
At end-November 2002, the volume of bonds in circulation amounted to DKK 2,167 billion - this is unchanged compared with October.
Derivatives trading totalled 41,718 contracts - which is a drop of 24 per cent compared with October, but on level with the turnover in the first nine months of the year. Turnover in futures and options on the KFX Index came to 33,033 contracts. Derivatives on single shares reached 8,685 contracts.
For further information and stock market statistics, please visit www.xcse.dk.
