"We see a pattern where savers buy in situations where they think the share has fallen unfairly much on a report," writes savings economist Frida Bratt.
Two examples of such companies are Axfood and SEB. About the former, Bratt says that "for a stock that often has the label 'defensive', the stock fell sharply on its report. For savers, however, it meant that they took the opportunity to top up a share that many people like and already own."
Evolution was the most net-sold stock after the relief rally that followed the report. Ericsson has also been sold heavily after the report beat expectations. "In fact, on the day of the report, Ericsson was the most sold share of all Nordic shares on Nordnet's entire platform," says Bratt.
Most bought | Most sold |
Investor | Evolution |
Axfood | Ericsson |
Handelsbanken | Tesla |
Novo Nordisk | Storskogen |
SEB | Fortnox |
Cibus | Apple |
SSAB | Alibaba |
Nibe | Sensys Gatso |
Saab | Cint |
Volvo Cars | Trelleborg |