Connect with us

Subscribe

Bank, Iceland, Paris, Price, Trade, Stock market, Stock, Stock market index, Company, Market capitalization, Sharp Corporation,

Business

Sharp rises in the stock market

There has been a lot of life in the Icelandic stock market in recent months and price increases have been large. Since the beginning of the year, the OMXI10 index has risen by over 18%, which is a large increase in such a short time.

Since the market reached a low in March last year, it has risen by almost 91%. Trading in the market also soared in recent years, and in December a record month in the number of transactions, but there were almost 9,500 stocks traded, as stated in EVA land-bank-ans.

The OMXI10 index, which consists of the 10 largest companies on the Exchange measured in market value, exceeded 3,000 points on 18 February for the first time.

Price increases in Marels’ shares have led to an increase in the index, which has risen by 18.5% since the beginning of the year. The market value of the company is around ISK 703 billion, but in comparison, the total value of the 10 companies in the index is around ISK 1,337 billion. Marels ‘weight in the index is therefore around 53%, and therefore any changes in Marels’ share price have a major impact on the development of the index.

Another large company in the market is Arion Bank, with a market value of ISK 215 billion and the bank weighs about 16% in the index. Together, these two companies are behind about 69% of the index.

Newsletter Signup

Written By

Graduate from Punjab. Trying to understand Indian Politics. Writing about Technology, Education, Brands, Business, and much more. Author at MegaloPreneur

Click to comment

Your Comment

The doctor has applied for the Miss BumBum pageant, no one wants to hire her anymore-MegaloPreneur The doctor has applied for the Miss BumBum pageant, no one wants to hire her anymore-MegaloPreneur

The doctor has applied for the Miss BumBum pageant, no one wants to hire her anymore

Living

Romina Malaspina, the sensual woman who makes all men sigh-MegaloPreneur-Magazine Romina Malaspina, the sensual woman who makes all men sigh-MegaloPreneur-Magazine

Romina Malaspina, the sensual woman who makes all men sigh

Interviews

Until yesterday, everyone in Croatia laughed at Aleksandra Prijovic, and today they are crazy about her songs-Megalopreneur Until yesterday, everyone in Croatia laughed at Aleksandra Prijovic, and today they are crazy about her songs-Megalopreneur

Until yesterday, everyone in Croatia laughed at Aleksandra Prijovic, and today they are crazy about her songs

Entertainment

SEKA ALEKSIC BANNED IN THE MEDIA BECAUSE OF THIS- The singer answered and said only one thing-MegaloPreneur-Magazine SEKA ALEKSIC BANNED IN THE MEDIA BECAUSE OF THIS- The singer answered and said only one thing-MegaloPreneur-Magazine

SEKA ALEKSIC BANNED IN THE MEDIA BECAUSE OF THIS- The singer answered and said only one thing

Entertainment

Emina Jahovic admitted that she did not have an easy life- I was the target, I was tried-MegaloPreneur-Magazine Emina Jahovic admitted that she did not have an easy life- I was the target, I was tried-MegaloPreneur-Magazine

Emina Jahovic admitted that she did not have an easy life- I was the target, I was tried

Entertainment

Buttocks, Cat, Film, Hair, Instagram, JEANS, Jelena Karleusa, Zvezda Granda, Nail polish, Kosutnjak, Buttocks, Cat, Film, Hair, Instagram, JEANS, Jelena Karleusa, Zvezda Granda, Nail polish, Kosutnjak,

Jelena Karleusa again in a provocative edition

Focus

Sasa Kovacevic went to Turkey for an operation-MegaloPreneur Sasa Kovacevic went to Turkey for an operation-MegaloPreneur

Sasa Kovacevic went to Turkey for an operation

Interviews

Cinthia Fernandez, the talented fitness mom from Argentina-MegaloPreneur-Magazine Cinthia Fernandez, the talented fitness mom from Argentina-MegaloPreneur-Magazine

Cinthia Fernandez, the talented fitness mom from Argentina

Entertainment

Advertisement
Connect
Newsletter Signup