Swedish small savers are moving more and more of their money out of Sweden. Instead, they are putting their savings in countries where the returns are better. The American stock exchange has outperformed the Swedish one, both when looking at one year and also five years back, says Frida Bratt, savings economist at Nordnet.
BusinessSmall savers brought home the winnings in the price rockets Ericsson and Tesla. This is shown by new monthly statistics from Nordnet and Avanza.
TechnologyThe gold price is at record levels – and since the millennium shift, gold has been a clearly better investment than the stock exchange. It is a real warning signal, warns commodity expert Torbjörn Iwarson, who says it indicates that something is fundamentally wrong.
BusinessSmall savers were clearly more active than usual on Black Monday on the stock exchange. In the turmoil, Swedish savers chose to back the financial icon Warren Buffett. It's a clear sign of the uncertainty we've seen surrounding the tech giants, says Frida Bratt, savings economist at Nordnet.
BusinessSince the Stockholm Stock Exchange opened at 09:00, there have been more buy transactions than sales at the online broker Avanza. It seems that savers are pressing the buy button a bit more here to find bargain buys. There are approximately 30 per cent more buy transactions than sales, says Philip Scholtzé, savings economist at Avanza.
BusinessSwedish savers got rid of Tesla more than any other share during the month of July. There seems to be a hesitation around Tesla going forward, says Frida Bratt, savings economist at Nordnet.
BusinessCan AI-hyped Nvidia continue to beat expectations? And how is it really going for Tesla? The American tech giants, who have dominated the stock exchange and attracted many Swedish small investors along the way, will now have to show their colors. Tesla stands out a bit on the negative side, says Frida Bratt, savings economist at Nordnet.
BusinessThe semiconductor giant Nvidia's stock market crash is historically large. 550 billion dollars have been wiped out within the space of three days. Small investors risk getting squeezed, warns Daniel Ljungström, head of private savings at Max Matthiessen.
BusinessElon Musk's massive salary is on the agenda at electric car manufacturer Tesla's annual general meeting on Thursday. Ahead of the meeting, Musk announces that he has the shareholders' support "by a wide margin".
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