Stock Market SHOCKER: Trading Volume SOARS while ETFs PLUMMET!
Stockholm, May 2, 2025 โ Hold onto your wallets, folks! Nasdaq just dropped bombshell trading stats that are flipping the script on Nordic and Baltic markets! In a jaw-dropping turn of events, daily stock trading skyrocketed by a staggering 30.6%, reaching an eye-popping 4.025 billion EUR! Thatโs a massive leap from 3.082 billion EUR just a year ago! And compared to last month? Up 4.5%!
But waitโthereโs more! While stock trading is off the charts, the cleared derivatives volume took a hit, slumping 3.9% to a daily average of 306,055 contracts. Whatโs going on here?
And if you think ETFs (Exchange Traded Funds) are on a roll, think again! They nosedived by a staggering 30.1%, dropping to a daily average of just 61.1 million EUR compared to 87.5 million EUR a year prior.
Novo Nordisk A/S Claims the Crown! Can you believe it? This powerhouse topped the charts as the most traded stock last month, closely followed by Nordea Bank Abp. The action doesnโt stop there; Goldman Sachs Bank Europe SE was the busiest player on the trading floor, with Morgan Stanley Europe SE not far behind!
But waitโNasdaq Nordicโs grip is starting to slip! Its share of order-book trading plunged to 70.1%, down from 70.8% just a month ago. Whatโs happening?
On a brighter note, Nasdaq Nordic proudly boasts the largest order book depth among competitors; itโs a whopping 1.9 times larger for OMXC25 companies, 3.0 times larger for OMXH25 companies, and 2.9 times larger for OMXS30 companies! Talk about a trading powerhouse!
And letโs not ignore the average time at EBBO (European Best Bid and Offer)! It dazzles, averaging 89.9% for OMXC25, 88.2% for OMXH25, and hitting an impressive 91.6% for OMXS30 companies.
Donโt miss out! These numbers are shaking up the finance world and youโll want to stay tuned for whatโs next in this thrill ride of market mayhem!