Increase in share trading driven by IT shares  

2002.12.04
IT share trading on the Copenhagen Stock Exchange in November showed an 87% rise in turnover

IT share trading on the Copenhagen Stock Exchange in November showed an 87% rise in turnover, helping the overall trading figure to a 1% rise compared with October. On the leading share index (KFX) Danish-based technology group GN Great Nordic (of which Bluetooth headset manufacturer GN Netcom is a part) saw a rise in turnover of 70% while two KVX growth index companies, satellite communication hardware manufacturer Thrane&Thrane and remote control software producer Danware, saw fourfold increases in turnover from October to November.

 

Copenhagen Stock Exchange, converted from a semi-public institution into a limited company in 1996, is an international marketplace for transactions in Danish securities covering a wide range of financial instruments. Shares, bonds and money market instruments such as Treasury bills and notes and FUTOP futures and options are traded at the Exchange. In 1997, Copenhagen Stock Exchange A/S and FUTOP Clearing Centre A/S were amalgamated, the latter becoming a wholly-owned subsidiary. This move was designed to create a better strategic platform for future activities in the new European securities market.

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