New records for main stock market index in Iceland Skip to content

New records for main stock market index in Iceland

The main stock market index at the Nordic Exchange (OMX) reached a new high yesterday when it surpassed 7,800 points. The index rose by 1.14 points in one day and has risen by 22.1 percent since January 1.

The market value of Kaupthing investment bank, Iceland’s largest company, surpassed ISK 800 billion (USD 12.23 billion, EUR 9.02 billion) for the first time yesterday, as Fréttabladid reports.

The bank’s value increased by 2.25 percent yesterday and currently each share is worth ISK 1,091 (USD 16.68, EUR 12.31).

Click here to read more about the stock market in Iceland.

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