Last Updated on December 17, 2020 by Oddmund Groette
Denmark stands at 39th in the largest national economy globally, analyzed by the nominal gross economy (GDP) and 60th largest in the world by purchasing power parity (PPP). Denmark’s economy is known to be a mixed modern economy with a great level of government services and facilities, an increased dependence on international trade, and comfortable lifestyles.
As a small and open economy, Denmark is heavily inclined to its foreign trade. In 2017, chemicals and machinery related products such as agricultural goods and pharmaceuticals were the largest groups of export products. Denmark’s five main importers in 2017 were Sweden, the United States, Germany, Norway, and the United Kingdom.
- 7 reasons to invest in the Nordic stock market
- Landing page for Nordic stocks
- The complete list of Nordic ADRs
- Swedish ADRs
- Norwegian ADRs
- Icelandic ADRs
- Finnish ADRs
ADRs – American Depositary Receipts is fundamentally a testament given by a U.S. depositary bank that speaks to a given number of portions of stock, ordinarily one, of an international organization. ADR’s current speculation occasions to US speculators in international financial exchanges. There are numerous known organizations that are not from the US like Unilever, Nokia, etc. that are listed and traded as ADRs on US Exchanges.
Despite the fact that the open doors accessible in exchanging appears to be perpetual and as yet developing through unfamiliar trades, numerous homegrown financial specialists see cross-border charge issues and international market trading as unpredictable and altogether costly over their desire to dip into foreign stocks. With the assistance of American Depositary Receipts that offer exchanging shares of unfamiliar stocks, financial specialists think that it’s more worthwhile to participate in global equities.
|1||A.P. Moller – Maersk||AMKBY|
|4||Bang & Olufsen||BGOUY|
|11||DSV Panalpina A/S||DSDVY|
|14||GN Store Nord||GNNDY|
|17b||Netcompany Group AS||NETGY|
|28||Vestas Wind Systems||VWDRY|