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90649
Foreign investors purchase Norwegian shares
statistikk
2012-11-13T10:00:00.000Z
Banking and financial markets
en
vpstat, Securities registered with the Norwegian Central Securities Depository, shares, commercial papers, bonds, equity certificates, dividends, stocks, yield, share value, net transactions, share issues, interest yieldSecurities markets , Banking and financial markets
false

Securities registered with the Norwegian Central Securities Depository, Q3 2012

In May 2016, the statistics for Securities registered with the Norwegian Central Securities Depository were merged with the Debt securities statistics. The new merged statistics are known as the Securities statistics.

 

The introduction of a new sector standard has caused the old tables to stop being updated. New tables have been added that include time series from the first quarter of 2012 and onwards.

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Foreign investors purchase Norwegian shares

Foreign investors net purchased listed Norwegian registered shares for NOK 7.2 billion in the third quarter of 2012. During the same period, households net sold shares for a relatively large amount.

In the third quarter of 2012, foreign investors' net purchases of listed shares issued by Norwegian registered companies are the highest since the first quarter of 2011. Most of the purchases were made in the secondary market. Of the NOK 7.2 billion worth of net purchases, NOK 5.1 billion was spent on shares issued by private non-financial incorporated enterprises. The remaining sum was placed in shares issued by financial holding companies and non-life insurance companies.

 

Utlendingers nettokjøp av noterte aksjer utstedt av innenlandske sektorer. Milliarder kroner.[Foreign investors' net purchases of listed shares issued by domestic sectors. NOK billion.]

 

Rising equity prices in the third quarter

The total value of listed VPS registered companies rose from NOK 1 500 billion to NOK 1 581 billion during the quarter; a growth of 5.4 per cent. The rise was mainly due to rising equity prices at the Oslo Stock Exchange.

The equity index OSEAX, which includes all listed shares at the Oslo Stock Exchange, rose in the third quarter, as did most equity indices in Europe and the rest of the world. The somewhat reduced turbulence in the Eurozone compared to previous quarters may have contributed to the rising equity prices.

Share repurchases affect net purchases

An alternative to paying out dividends is repurchasing own shares. Some VPS-registered companies repurchased and redeemed their own shares for relatively large amounts in the third quarter of 2012. This type of activity reduced the net purchases of many sectors. The companies that made the highest repurchases of shares were Telenor ASA and Yara, with repurchases of NOK 4.8 billion and NOK 1.0 billion respectively.

Households net sell shares

After purchasing listed shares for NOK 0.6 billion in the previous quarter, households were again net sellers of shares in the third quarter of 2012. Net sales amounted to NOK 2.2 billion, and were mainly made in shares issued by non-financial incorporated enterprises, financial holding companies and foreign registered companies. Households' net sales of equity were the highest for several years.

 

Stocks of securities registered with VPS

 

Increased bond stocks

At the end of the third quarter of 2012, bond stocks had increased by NOK 45 billion to NOK 1 489 billion. Holdings of short-term bonds fell slightly in the third quarter by NOK 5.5 billion to NOK 294.5 billion. See the statistics “ Bonds and commercial papers ” for more information on which sectors issued the bonds.

 

Securities registered with VPS. Market value. NOK billion
 
 Q3 2011Q4 2011Q1 2012Q2 2012Q3 2012
 
Stocks     
Shares 11 782.81 928.32 059.61 924.52 014.6
Bonds1 317.91 363.51 413.31 443.51 489.0
Short-term securities 289.7 280.3 291.0 299.5 294.0
Net purchases/sales     
Shares 14.310.63.26.90.2
Bonds22.546.046.024.741.8
Short-term securities-12.4-9.510.88.5-5.6
dividends/cupon payments     
Shares 15.57.72.857.24.5
Bonds9.811.611.625.49.9
Short-term securities0.50.50.60.60.6
 
1  Shares include both listed and unlisted shares.

 

Introduction of new sector classification

A new institutional sector classification was introduced in January 2012. One of the most significant changes was that the line between financial and non-financial sectors has been shifted such that the financial sectors increased in value. In addition to this, new financial sectors have been added. The introduction of a new sector standard means that the old tables will no longer be updated. New tables have been added that include time series from the first quarter of 2012 and onwards.

 

See document (in Norwegian only) for more information on the new standard and a description of all sectors in the new standard.

 

New divide between listed and unlisted shares

From the first quarter of 2012, a distinction will be made between listed and unlisted shares. Listed shares are defined here as shares listed for trading at the Oslo Stock Exchange and Oslo Axxess.

 

Detailed information available in StatBank

More detailed information on transactions, dividends and holdings on shares, equity certificates and bonds is available in StatBank, which can be accessed by clicking ”StatBank” in the left hand margin.

 

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