The number of shares traded on the Danish markets rose 52% in April, when compared to April 2004, and 4% compared to March, according to data released by Danish CSD VP Securities Services.
The number of share trades set record in April reaching 432,474 trades. Private investors accounted for 19% of the total number of trades, foreign investors accounted for 28% and the industry accounted for 53%, said VP.
Likewise, the turnover of shares remained high during the month of April. As in 2004, the turnover peaked in March closely followed by April. The turnover of Danish shares reached almost DKK 347 billion, which is an increase of 68% compared to April 2004, but a 10.3% decrease compared to March 2005.
The Danish bond market saw another month of moderate activity. The turnover in April reached DKK 2,089 billion, which is an increase of 8% compared to March that represented the lowest turnover in more than a year. Compared to March, the number of trades increased with 35% totaling 114,333 trades. Private investors accounted for 20% of the total number of trades, foreign investors accounted for 4% and the industry accounted for 76%.
April was an active month for the turnover of unit trust certificates. The turnover reached the highest level in a long period of time amounting to DKK 50.7 billion. Compared to March this is an increase of no less than 35% while the number of trades rose with 66.2% to 207,269 trades. Private investors accounted for 37% of the total number of trades, foreign investors accounted for 5% and the industry accounted for 58%.