Investing in the stock market in Finland

Börsen i Finland, vanligen känd som Helsingforsbörsen (finska: Helsingin Pörssi, engelska: The Helsinki Stock Exchange) är en börs i Helsingfors, Finland. Börsen är sedan den 3 september 2003 en del av OMX och har fått det officiella namnet OMX Helsinki. Efter att OMX förvärvades av Nasdaq 2008 fick Helsingforsbörsen namnet Nasdaq OMX Helsinki, som i sin tur 2014 ändrades till Nasdaq Helsinki.

The Stock Exchange of Finland, commonly known as the Helsinki Stock Exchange (Finnish: Helsingin Pörssi, English: The Helsinki Stock Exchange) is a stock exchange in Helsinki, Finland. The exchange has been part of OMX since September 3, 2003 and has been officially named OMX Helsinki. After OMX was acquired by Nasdaq in 2008, the Helsinki Stock Exchange was renamed Nasdaq OMX Helsinki, which in turn was changed to Nasdaq Helsinki in 2014. The Helsinki Stock Exchange saw its first transaction on October 7, 1912. Thereafter, the Finnish stock exchange remained a financial association in “free form” until 1984, when it was transformed into a cooperative mostly owned by banks, traders, other companies and associations. On April 1, 1990, trading moved to a new digital system: HETI (Helsinki Stock Exchange Automated Trading and Information System, and in Finnish a rough backronym for “instant”), which replaced the electromechanical trading system originally introduced already in 1935. HETI allowed remote traders to conduct transactions on equal terms with those in the trading room. The cooperative became a joint stock company(Helsingin Arvopaperipörssi) in the autumn of 1995 and merged with several clearing and depository companies and associations in early 1997. In 1997 and 1998, the Exchange acquired both Finnish derivatives exchanges and merged them with itself to become HEX. In November 1998, HEX merged with Arvopaperikeskus to form Helsinki Exchanges Group Plc, which subsequently changed its name to HEX Plc in spring 2001. In 2001 and 2002, HEX acquired a majority stake in the Tallinn Stock Exchange and the Riga Stock Exchange. On September 3, 2003, HEX Plc merged with OM AB, owner of the Stockholm Stock Exchange, to form OM HEX. One year later the company was renamed OMX.

Index description

OMX Helsinki 25 is the leading stock index of the Helsinki Stock Exchange. It is a market capitalization weighted index consisting of the 25 most traded stocks on the Helsinki Stock Exchange. OMXH25 was previously known by its old name, HEX25. The Finnish exchange-traded fund Seligson OMX Helsinki 25 is, to our knowledge, the only European ETF investing in Finland. The limited number of constituents ensures that all underlying stocks in the index have excellent liquidity, resulting in an index that is highly suitable as an underlying for derivative products. OMXH25 is used as a benchmark index for managing diversified Finnish equity portfolios. Options and futures on OMXH25 are traded on Eurex. OMXH25 Index is a capitalization-weighted stock price index. The maximum weight of a company is limited to 10%. The composition of the OMXH25 Index is revised twice a year. The number of shares used to calculate the market capitalization is determined quarterly. On March 4, 1988, the OMX Helsinki 25 Index began with a base of 500. Today there are 49 companies listed on First North, while the Finnish Stock Exchange has 134 shares listed on the main list.

Which account is best for Finnish shares?

For most people, it is most profitable to save in an endowment policy. This is because the insurance company (the bank) can often claim back the full amount of withholding tax on dividends within a couple of years.

Trading shares on the Finnish stock exchange

You can trade shares on the Finnish stock exchange through most Swedish banks and online brokers, such as DEGIRO, Nordnet, Aktieinvest and Avanza. Check that the broker you choose claims the tax back.

Viking offers price data on Finnish shares

Danish Stock Exchange, Want to keep a better eye on stocks from Finland? Here you will find giants such as Nokia and Nokian Tires. You can do this by adding the extension Finnish shares from as little as SEK 78 per month.

About the Vikingen

With Vikingen’s signals, you have a good chance of finding the winners and selling in time. There are many securities. With Vikingen’s autopilots or tables, you can sort out the most interesting ETFs, stocks, options, warrants, funds, and so on. Vikingen is one of Sweden’s oldest equity research programs.

Click here to see what Vikingen offers: Detailed comparison – Stock market program for those who want to get even richer (vikingen.se)