An analysis of the 116 companies included in my NordiCaps Region Index reveals the top performing Scandinavian country was Norway on both average (-1.8%) and market cap-weighted (+6.3%) trailing 52-week stock price performance, finishing well ahead of runner-up Denmark with a weighted loss of 3.2% and an average loss of 14.7%. Iceland fared worst of all the Nordic region companies with just 5 companies eligible and losses of 42% (weighted) and 49.2% (average) over the past year. The accompanying tables break down the performance of the component stocks for each of the five Nordic regions for all of the companies eligible for inclusion in my NordiCaps region stock index as of the market close on August 11, 2008, based on Bloomberg.com market data.
Sweden: Analysis of 47 Component Companies
Finland: Analysis of 29 Component Companies
Denmark: Analysis of 23 Component Companies
Norway: Analysis of 12 Component Companies
Iceland: Analysis of 5 Component Companies
$25.92 (08/12/08)
