SEB Enskilda was top Oslo brokerage in 2008

Fri Jan 2, 2009 10:23am GMT
 
Email | Print | | Single Page
[-] Text [+]
 OSLO, Jan 2 (Reuters) - Sweden's SEB Enskilda (SEBa.ST) was
the brokerage with the biggest share of trade on the Oslo Stock
Exchange in 2008, a year described by the exchange as a
"nightmare for investors", bourse figures showed on Friday.
 Norwegian banking group DnB NOR (DNBNOR.OL) was No. 2 and
Norwegian brokerage ABG Sundal Collier (ASC.OL) was No. 3 in
market share, the stock exchange said.
 In the worst year on record for the Oslo bourse, hit by the
global financial crisis, the main index .OSEBX lost 54 percent
in 2008.
 A more than $100 plunge in oil prices from peaks above $147
a barrel contributed to the drop on the energy-heavy bourse.
The value of average daily trade fell in 2008 to 9.9 billion
Norwegian crowns ($1.42 billion) from 12.9 billion in 2007, the
exchange reported earlier.
 
 The Oslo Stock Exchange gave the following figures for
brokerages' market share of trading in the full year 2008
(figures in percent, only top 25 shown):
 1 SEB Enskilda  ASA                           8.14
 2 DnB NOR Bank ASA                            7.29
 3 ABG Sundal Collier Norge ASA                6.94
 4 Carnegie ASA                                5.51
 5 Nordnet Bank AB                             5.06
 6 Morgan Stanley & Co. International Ltd      4.84
 7 Svenska Handelsbanken AB                    4.56
 8 Pareto Securities AS                        4.11
 9 Arctic Securities ASA                       4.00
10 First Securities ASA                        3.66
11 Credit Suisse Securities (Europe) Ltd       3.65
12 HQ Direct AB                                3.54
13 Merrill Lynch International                 3.30
14 NeoNet Securities AB                        3.24
15 Nordea Markets                              2.95
16 UBS Limited                                 2.81
17 Argo Securities                             2.78
18 Net Fonds ASA                               2.51
19 Lehman Brothers International               2.32
20 Danske Bank A/S                             2.18
21 Deutsche Bank AG                            2.01
22 Goldman Sachs International                 1.80
23 E*Trade Bank Danmark A/S                    1.78
24 Fondsfinans ASA                             1.36
25 JP Morgan Securities Ltd                    1.31
 
 (Reporting by Terje Solsvik; Editing by Rupert Winchester)


 

Most Popular General News on Reuters UK

  • Articles
  • Videos