New record in number of Norwegians owning shares

The number of Norwegians who own shares is steadily increasing, according to recent statistics from AksjEnorge, and in 2023 it was another record. Through 2023, the number of stockholders increased by 16,700. At the end of last year, there were 588,500 Norwegians who owned shares and equity certificates on the Oslo Stock Exchange with a total value of NOK 178.3 billion.

New record in number of Norwegians owning shares

The data in this survey originates from Euronext Securities, while StockNorway collects and analyzes the data, both year-on-year, and quarterly.

Values do not increase in the same roof

- Shares remain popular and we see the number of shareholders continuing to grow. In terms of value, we are also experiencing an increase, but in percentages the increase is lower than the main index and the fund index,” Kristin Skaug, CEO of Aksjenorge, told Kaupr.io. Skaug explains this by the fact that, despite experts' advice on diversification, most shareholders choose to invest in a small number of different stocks. “It can therefore appear that people have either “missed out” on the most profitable stocks that have done the best, or they have withdrawn some money from the market, says Skaug.

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The pandemic gave a jump

According to StockNorway, prior to the 2020 pandemic, it was common for the number of shareholders to change up or down by between 1,000 and 6,000 shareholders each year. Since 2018, there has been an increase every year. At most - during the pandemic - the number of shareholders increased by over 90,000 in 2020.

Of last year's increase of 16,700 shareholders, 6,000 came in Q4. According to Aksjenorge, there is a high probability that the increase in both the fourth quarter and in 2023 below one is mainly due to the IPO of Norconsult and the sale of Sparebanken Sør in November.

Some main figures

Below we present several key figures from the survey:

• 588,500 Norwegians now own shares and EK-certificates on the Oslo Stock Exchange for NOK 178.3 billion in total.

• In the fourth quarter, there were 5,954 new shareholders on Oslo Børs, making the quarter one of the year

• Stock wealth is now only 2% away from its historical peak of March 2022.

• In the last 5 years, approximately 220,000 new private individuals have bought shares for the first time.

• The number of net new shareholders in 2023 is 16,692 (vs. +27,405 in 2022

• The Oslo Stock Exchange has 212,000 shareholders under the age of 40 and 377,000 over the age of 40.

• Every fifth equity investor owns the Equinor share and every 8th owner in Norwegian Air Shuttle.

• Average share wealth per individual increased by NOK 5,000 to approximately NOK 302,000

• Still, only 17% spread the risk on 6 or more stocks.

• There are 30 companies with more than 15,000 shareholders and 10 of these have increased the number of shareholders by more than 10% in 2023

New record in number of Norwegians owning shares

The number of Norwegians who own shares is steadily increasing, according to recent statistics from AksjEnorge, and in 2023 it was another record. Through 2023, the number of stockholders increased by 16,700. At the end of last year, there were 588,500 Norwegians who owned shares and equity certificates on the Oslo Stock Exchange with a total value of NOK 178.3 billion.

The data in this survey originates from Euronext Securities, while StockNorway collects and analyzes the data, both year-on-year, and quarterly.

Values do not increase in the same roof

- Shares remain popular and we see the number of shareholders continuing to grow. In terms of value, we are also experiencing an increase, but in percentages the increase is lower than the main index and the fund index,” Kristin Skaug, CEO of Aksjenorge, told Kaupr.io. Skaug explains this by the fact that, despite experts' advice on diversification, most shareholders choose to invest in a small number of different stocks. “It can therefore appear that people have either “missed out” on the most profitable stocks that have done the best, or they have withdrawn some money from the market, says Skaug.

original

The pandemic gave a jump

According to StockNorway, prior to the 2020 pandemic, it was common for the number of shareholders to change up or down by between 1,000 and 6,000 shareholders each year. Since 2018, there has been an increase every year. At most - during the pandemic - the number of shareholders increased by over 90,000 in 2020.

Of last year's increase of 16,700 shareholders, 6,000 came in Q4. According to Aksjenorge, there is a high probability that the increase in both the fourth quarter and in 2023 below one is mainly due to the IPO of Norconsult and the sale of Sparebanken Sør in November.

Some main figures

Below we present several key figures from the survey:

• 588,500 Norwegians now own shares and EK-certificates on the Oslo Stock Exchange for NOK 178.3 billion in total.

• In the fourth quarter, there were 5,954 new shareholders on Oslo Børs, making the quarter one of the year

• Stock wealth is now only 2% away from its historical peak of March 2022.

• In the last 5 years, approximately 220,000 new private individuals have bought shares for the first time.

• The number of net new shareholders in 2023 is 16,692 (vs. +27,405 in 2022

• The Oslo Stock Exchange has 212,000 shareholders under the age of 40 and 377,000 over the age of 40.

• Every fifth equity investor owns the Equinor share and every 8th owner in Norwegian Air Shuttle.

• Average share wealth per individual increased by NOK 5,000 to approximately NOK 302,000

• Still, only 17% spread the risk on 6 or more stocks.

• There are 30 companies with more than 15,000 shareholders and 10 of these have increased the number of shareholders by more than 10% in 2023