Foreign Investors Inclined Towards Copenhagen

29 Jul 2010

According to figures from Nationalbanken, off late, foreign investors have been buying up shares in Danish companies with high speed. A big increase in C20 share values is boosting share sales abroad. According to Nationalbanken, a large chunk of the June figure corresponded to the IPO of food ingredient company Chr. Hansen.

June was a busy month with shares totaling 6.2 billion kroner purchased from abroad – up from around 4.9 billion kroner for May. Chr. Hansen was delisted in 2005 but was relisted on the stock exchange index last month.

A reason for the past year’s increase in foreign interest is due to the C20 – representing the 20 most valuable companies in terms of market capitalisation – having risen 35 percent during the period.