Nasdaq reaches 1000 listed companies across its Nordic and Baltic markets


  • New milestone reached for the first time ever
  • The growth in number of listed companies primarily explained by the success of Nasdaq First North

Stockholm, June 15, 2018  — Nasdaq (Nasdaq: NDAQ) today announced that the number of listed companies across its Nordic and Baltic markets will exceed 1,000, as Kojamo enters the Nasdaq Helsinki Main Market while Arion Bank completes its dual listing on the Nasdaq Iceland and Nasdaq Stockholm Main Markets. This is the first time ever the total number of listed companies across the Nordic and Baltic markets reaches this level.

“This is a fantastic milestone which further underlines the strength of our markets,” said Lauri Rosendahl, President of Nasdaq Nordic. “Providing entrepreneurs with better access to capital through our markets is at the heart of Nasdaq’s business. We have seen tremendous growth in recent years and I am proud that we now have more than 1,000 companies leveraging Nasdaq’s Nordic and Baltic listings platform.”

The growth in number of listed companies is primarily explained by the success of Nasdaq First North, Nasdaq’s European growth market for small and medium sized enterprises (SMEs). The market has seen an exceptional inflow of new companies in recent years, with 165 new listings (capital raised: 1.8 billion EUR) since the beginning of 2016. In addition, more than 60 companies have matured and switched from Nasdaq First North to the Main Market since Nasdaq launched its growth market in 2006.

Currently, 335 companies are listed on Nasdaq First North. Nasdaq continues to see an interest from from issuers and advisors also outside the Nordic and Baltic regions, primarily in the technology and gaming sectors.

“Nasdaq First North is now a natural part of the Nordic and Baltic financial eco system and a platform leveraged by growth companies from all over Europe,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “We are contiously working to improve our listings offering to benefit both issuers and investors, and look forward to maintain Nasdaq First North’s position as Europe’s leading growth platform for SMEs.”

 

Nasdaq Nordic & Baltic
  Total Number of Listed Companies
2014* 792
2015* 852
2016* 900
2017* 984
2018YTD** 1,002
* By year end
** As of June 15, 2018, Excluding 15 dual listed companies


 

Nasdaq Nordic & Baltic
           Companies per ICB Sector         
Oil & Gas 27
Basic Materials 47
Industrials 238
Consumer Goods 113
Health Care 149
Consumer Services 102
Telecommunications 15
Utilities 13
FInancials 178
Technology 120
  1002
Data as of June 15, 2018

 

   Nasdaq Nordic & Baltic - Listed Companies per Market      
  Main Market Nasdaq First North
Stockholm 328 288
Helsinki 129 25
Copenhagen 135 16
Iceland 18 5
Tallinn 18 1
Riga 22 2
Vilnius 28 2
  678 339
Data as of June 15, 2018. Including 15 dual listed companies

 

About Nasdaq First North

Nasdaq First North is a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic. It does not have the legal status as a regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the Main Market.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com

Media Relations Contact:
Erik Granström
+46 73 449 78 07
erik.granstrom@nasdaq.com