Handelsbanken takes tenth place on the list of the Swedish people’s most popular stocks. The fact that banks are bullish can be explained by the fact that they are probably making big profits now that interest rates are so high on everything from mortgages to credit cards and unsecured loans.
And that is largely true.
– It is clear that the banks are seen as safe investments when interest rates go up, says Annelie Lindahl on Euroclear to The business world.
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Investor – “still strong”
The five most popular stocks are as usual and in the usual order Investor, Telia, Ericsson, Volvo and Swedbank.
Investor is one of Sweden’s largest companies in terms of capital and influence – and is largely owned by the Wallenberg family.
The stock has made a rocket career upward this year as well, with an 11.23 percent increase since the turn of the year calculated on the A share.
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Telia – a child of mourning
Telia is a mourning child of public shares – owned by everyone, loved by no one. This year, the stock has continued its downward journey with a loss of 5.44 percent since January 1.
In ten years, Telia has lost 51 percent of its market value, according to Dagens Industris stock pages.
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Ericsson – in free fall
Ericsson is another child of mourning. Ericsson has never really recovered since the mobile war against Nokia around the turn of the millennium. Now the stock is almost vanishingly cheap, which makes many believe that the long-established technology giant can recover. But we haven’t seen much of that yet.
So far this year, Ericsson has fallen 12.07 percent on the A share. It is a quick and boring continuation of an already beaten route south. In the last three years, Ericsson’s A share has fallen by 50.18 percent, according to Dagens Industris numbers.
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Volvo is a strange case
Volvo is a company that many associate with the most quintessentially Swedish that Swedish industry can muster. And it’s not a bad investment – at least it doesn’t have to be.
Volvo’s class A share has risen by 6.22 percent this year and thus continues a long-standing success story. In ten years, Volvo has risen in value on the Stockholm Stock Exchange by 192 percent. The B share is doing pretty much as well.
Volvo Car is not doing as well. Even if there was a recovery this year, and the share price has risen by 7.16 percent since the turn of the year, there is still a long way to go to even reach last year’s listing.
In one year, Volvo Car has fallen by 26.6 percent on the b share.
The investment in Polestar and the latest development around the hornet can take Volvo Car out of the fog again – as long as no new expensive mistakes are made.
Problematic Polestar is passed on to Volvo Cars’ shareholders
Swedbank – a gem on the Stockholm Stock Exchange
Swedbank sits as banks do on this list – secure in large sums of money. This year alone, the share value has risen by 9.25 percent, well above the rest of the Stockholm Stock Exchange.
In this way, the dips from 2023 have been recovered with flying colours. Over the past three years, Swedbank’s share price has risen by 50.05 percent and is reaching its best listing since the record in February 2017.
Record-high interest rates behind the big banks’ billion-dollar party
SEB – a steadily rising bank share
SEB has risen in price on the Stockholm Stock Exchange this year, an 8.61 percent rise. It is an impressive increase and in 3 years the share has risen by 55.12 percent on the class A share.
SEB is Sweden’s sixth most popular share this year as well, writes Affärsvärlden.
Steel giant SSAB
The steel giant from the north, SSAB is Sweden’s seventh most popular stock. Since the Ore Railway between Norrbotten’s important mining towns and the industrial ports of Narvik and Luleå broke down again after only 4 days since the repairs following the previous 65-day stoppage were completed, there is reason to despair. The stock fell during Monday’s trading by two percent.
But on the whole, shares in SSAB can be considered a safe haven. Since the turn of the year, the share has risen by 3.10 percent and in three years the share has doubled in value. The stock price has risen 116 percent since February 2021.
Ore railway derailed – costs 100 million a day
The real estate behemoth SBB that tripped over itself
In eighth place, the falling star SBB has parked itself – at a modest 3.61 kroner.
Real estate behemoth SBB was and is Ilja Batljan’s flagship, which entered the new era of high interest rates with too many large loans, low liquidity and a great dependence on low interest rates.
The real estate giant has also received a lot of criticism for having bought community properties cheaply from municipalities and county councils – which they then rent back to the same public sector for much more.
It became a toxic cocktail that the small savers have had to drink by the bucketful for several years now. This year alone, the fallen stock has continued to fall 28.62 percent.
In 12 months, the value has plummeted by 76.79 percent. And in three years, the value has fallen by almost 85 percent, according to Dagens Industris numbers.
The clothing giant of the Swedish people – another child of grief
Swedish Hennes and Mauritz, H&M continues to fall as well. It is the ninth most traded public share on the list and now costs a modest SEK 140.84 for the b share.
Since the turn of the year, H&M has lost 20.26 percent of its market value. In three years, it has lost 29.23 percent and compared to 10 years ago, H&M has lost 51.75 percent of its market value.
Handelsbanken is climbing
An increasingly popular popular stock is Handelsbanken, which rose to tenth place among popular stocks this year. Last year, the bank was ranked 13th according to Affärsvärlden.
And the Swedish people seem to be right about that. The stock has risen by 11.33 percent this year. This can be compared with the share’s nice green figures for the past three years, when the price rose by 42.88 percent.
But Industrivärden then?
Tenth place was previously held by Industrivärden, but which has now been overtaken by Handelsbanken as the favorite for small savers. Those who keep their holdings do not have to keep their mouth shut.
Industrivärden also continues to show green numbers both this year, last year and in the long term backwards. Since the turn of the year, the share has risen by 6.08 percent.
Read more about Swedish economy:
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