Households sell shares

Households are showing less interest in buying shares. In the first quarter of 2010 households net sold shares registered with the Norwegian Central Securities Depository. The last time households were net sellers of shares was in the second quarter of 2008. Throughout the global financial crisis in the second half of 2008 and through the whole of 2009, households were positive to investing in shares. During this period, households net purchased shares registered with VPS for more than NOK 8 billion. Figures for the first quarter of 2010 indicate reduced interest from households to invest in shares. Particularly towards the end of the quarter, households net sold shares and ended up as net sellers for the quarter as a whole, for almost NOK 33 million. A major part of the net sale took place in foreign companies registered with VPS and in other financial companies. Aft
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The Norwegian American

Published since May 17, 1889 PO Box 30863 Seattle WA 98113 Tel: (206) 784-4617 • Email: naw@na-weekly.com

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