That’s how it is. For me, the situation is that my share savings account (OST), which has practically only contained Finnish shares from the beginning, is down by about 5-8%, largely thanks to Neste, which is my largest holding in that portfolio.
My US stocks had good momentum all autumn and early winter, but in the last month, they have also come down by almost 20%, which has pushed my overall stock holdings into negative territory.
The funds are still barely holding in the black, but I’m sure they’ll be glowing red by next week at the latest.
It’s really been a week now that there’s been Helsinki-style market drama even in the US, wow My portfolio has melted about 2.8%. Still, it’s positive for the last month. Luckily it’s dividend-focused
Those NN shenanigans with the crown’s exchange rate are certainly interesting. It would definitely do good for the portfolio if we open to that crown exchange rate on Monday
Well, that’s how it must be. Still, it’s very peculiar that as of writing this, the price has already dropped by about -50% intraday from its highs. But it’s not the first time there have been incomprehensible price movements in connection with share issues, and probably the effect is even stronger with such a stock.
The slope of Titanium’s stock price drop is truly brutal, even with low trading volume. If it keeps falling at this daily rate, there won’t be any need to organize the spring general meeting.
In a way, I do understand why it’s falling. A completely different kind of risk than, for example, with Mandatum or eQ, which have a significantly more diversified fund portfolio and assets under management. Titanium could be said to rely on two real estate funds (care and Baltics).
I didn’t own much of this, as I sold it early last year at a price of about 1.8 euros, but with this price increase, it would have become a pretty decent position.