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Novo Nordisk was the most actively traded share of the month with a turnover of DKK 13.3 billion. Then followed GN Great Nordic with DKK 8.0 billion, while Tele Danmark was the third most-active share with a turnover of DKK 6.3 billion.
The KFX companies reached a total turnover of DKK 59.1 billion and they accounted for 76 per cent of the total turnover. William Demant Holding advanced by 43 per cent, which was the sharpest rise recorded by a KFX company. Danisco delivered the poorest performance; it fell by 7 per cent over the month.
The KFX Index closed August at 331.91 - the 29th record of the year. The rise over the month amounted to 8.6 per cent, and compared with end-August 1999, the index rose by 56 per cent. The KFMX Index, comprising small and medium-sized companies, gained 6 per cent compared with end-July and closed August at a record 1,260.48. The All-Share Index closed at a record 948.47, a 9.6 per cent rise over the month.
The KVX growth market was launched on 24 August and opened on 1 September 2000. Three of the companies performed very well in August and were to be found among the 10 star performers. RTX Telecom came in third with a 57 per cent rise, while 2M Invest was a close fourth with 56 per cent. i-data international rose by 39 per cent.
The bond trading volume amounted to DKK 383.9 billion in market value, an average daily value of trading of DKK 16.7 billion, the same level as in July and a fall of 50 per cent compared with August 1999.
The government bonds reached a turnover of DKK 192 billion in market value, a rise of 30 per cent. The standard mortgage credit bonds reached DKK 157 billion, a fall of 5 per cent on July.
The two most actively traded bonds were the government benchmark, 6% 2009, with a turnover of DKK 48.6 billion and the Treasury note, 4% 2002, with DKK 21.6 billion.
The most-active mortgage credit bond was (Nykredit) 6% 2029 with a turnover of DKK 11.3 billion.
The average true yield closed the month at 6.44 per cent, a fall of 5 basis points compared with end-July. Since the beginning of the year, the interest rate has risen by 45 basis points. On 7 July, the average true yield peaked with 6.58 per cent. At end-August, yield on the Danish 10-year government bond amounted to 5.67 per cent and the spread to the German equivalent was 37 basis points. At end-July, the spread was 51 basis points.
At the end of August 2000, the volume of bonds in circulation amounted to DKK 1,933 billion in market value, which was almost the same as in July. In nominal terms the figure was DKK 1,957 billion.
Turnover in futures and options totalled 89,355 contracts in August, a 14 per cent fall over the month in the average daily trading volume. The most actively traded instrument was the KFX future with 88,673 traded contracts, which accounted for 99.2 per cent of the total FUTOP turnover.
For more information, download the monthly statistics at the Exchange's web site: www.xcse.dk/uk/statistik/maaned/index.asp.
