Thursday, November 14, 2024
HomeNewsDanish EconomyPeople in Denmark are massively buying shares in defense industry companies

People in Denmark are massively buying shares in defense industry companies

-

Oil, tobacco and weapons have long been considered as “sector non-grata” for private and public investments. However, the weapons industry is slowly shedding its bad reputation. Saxo Bank, Nordea and Jyske Bank declared that the number of their customers who want to buy defense industry shares has more than doubled in the past year. 

  • At Danske Bank, Rheinmetall is the second most traded foreign share and on par with the American tech giant Microsoft.
  • It might be a bit too late to join the party, as the defense industry share prices have already increased significantly. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

Related articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Stay connected

Latest posts