In August, Rheinmetall, Mildef Group and BAE Systems were the three most sold shares in August at Nordnet. A similar trend is seen at Avanza where Swedish Saab is at the top of the sales list.
"Four of the five most net-sold shares in August belong to the defense sector. The question I think many savers are now asking themselves is what will trigger continued growth from today's levels," wonders Nordnet's savings economist Frida Bratt in a press release.
"With such strong growth, a vulnerability is also created in the shares as soon as the market senses progress in geopolitical conflicts."
Her colleague at Avanza, Philip Scholtzé, is on the same track: "On the sales side, share savers continue to secure profits in defense shares when Saab and German Rheinmetall top the list of most sold," he says.
The background is also that in recent months, meetings and discussions have been held on a peace solution where, among other things, US President Donald Trump and Russia's Vladimir Putin met in Alaska.
At the same time, there are companies on the buy side that have fallen sharply this year. At Avanza, this includes, among other things, Danish Novo Nordisk as well as Nibe and Essity. Also at Nordnet, Novo Nordisk is found at the top of the purchase list.
