For Danish shareholders, 2023 couldn’t have come quick enough.
With the War in Ukraine, huge inflation and some big interest rate jumps, the C25 index had a very difficult year in 2022.
“All in all, it has created the worst investment year since the financial crisis in 2008 and 2009, in which all asset classes have been affected – with just a exceptions,” Brian Kudsk, the CEO of Artha Asset Management, told Børsen.
Not the only country though
In 2022, the C25 index fell by 13.5 percent over the whole year, including a 0.7 percent dip on the last trading day of the year.
But in general, shares fell across the world, with benchmark indices leading the way.
The S&P 500, for example, ended the year 19.4 percent down.