In June, private investors in Finland were buying stocks, with particular interest in those that had experienced significant drops in value during the year. According to Nordnet’s stock trading statistics, Neste and Nvidia were the most popular choices among Finnish investors.
Neste, a domestic stock, was once again the most traded and net purchased stock among Nordnet’s Finnish customers for the third consecutive month. Despite its 47% drop in price since the beginning of the year, investors saw an opportunity to buy more shares as it fell 14% in June.
On the foreign stock front, Nvidia dominated the trading activities of Nordnet’s Finnish customers in June. Investors were attracted to the American chip designer, with net purchases amounting to 14.9 million euros during the month. Other popular foreign stocks included Microsoft and Alphabet Inc., which also experienced selling activity.
Apart from Neste and Nvidia, other popular Finnish stocks among investors included Premature, Outokumpu, and Nokian Tires. On the other hand, stocks like CombiWorks and Nordea saw more selling activity than buying activity.
Overall, Finnish investors remained strategic in their stock purchases, favoring companies that paid strong dividends and transferring funds to those that had lost value due to market volatility. Despite this uncertainty, investors continued to remain active in trading stocks and funds throughout June.