Nordnet reports increased trading and savings activity in May
Nordnet's customers executed nearly 6 million trades in May. Net savings reached SEK 7.3 billion for the month, and total savings capital stood at SEK 1,346 billion.
Financial services group Nordnet reported significant customer activity in May, with clients executing a total of 5,976,800 trades in listed financial instruments. This activity averaged 317,900 trades per trading day.
The company also saw continued customer growth, adding 24,700 new clients in May, bringing the annual growth rate to 12.1 percent. By the end of May, Nordnet served a total of 2,470,700 customers. Net savings for the month amounted to SEK 7.3 billion, contributing to a year-to-date total of SEK 43.4 billion in net savings.
Total savings capital managed by Nordnet reached SEK 1,346 billion at the end of May, with lending totaling SEK 30.3 billion. During May, Nordnet also introduced "Fondkompassen" (Fund Compass), an interactive tool designed to help savers identify investment options based on sustainability criteria, developed in partnership with fintech firm Fundrella.
The monthly statistics also indicated shifts in investor behavior. While technology stocks continued to perform strongly, a notable trend was increased investment in diversified funds and ETFs. According to Nordnet's savings economist, Carl-Henrik Söderberg, investor risk appetite remained robust, with a preference for broad, geographically diversified index funds. Some investors also showed interest in specific stocks like Nibe and Nvidia.