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Most bought and sold shares

Here we present trading data from DNB’s equity trading service every month.

DNB Conference

DNB was the most bought in October and the best sold in November. Here is a picture from the DNB conference.

Speculation About a Bubble Shaped November Trading

Concerns About an AI Bubble Shaped DNB's Trading Activity Last Month.

Nasdaq started with its weakest week since April, while Bitcoin fell to the lowest level since 2022. Shortly afterwards, Nasdaq had its best day since May, before the rest of the month continued with major fluctuations.

The technology volatility characterised the equity trading among the private investors. Frontline, Kongsberg Gruppen and Vår Energi Were the most traded overall, while Nordic Semiconductor Topped the list of most bought shares. Nordic Semiconductor had a tough start from the end of the month, with a price drop of 20 per cent. Many investors took the opportunity to buy them, in line with DNB Carnegies’ buy recommendation.

In total, share sold net for NOK 133 million out of a total turnover of almost NOK 12 billion in November.

The numbers in the top lists

All numbers are based on trading activity performed in the last month via both DNB’s equity trading service online and in the Spare app. The top lists are sorted either based on the number of transactions (buy and sell), net volume (the total amount bought minus the total amount sold), or gross volume (the total amount bought and sold).

Full report for November 2025 (PDF)Open the file in a new tab

The 5 most bought shares in November

Net purchases in NOK million

Company

Ticker

Net purchase (NOK)

Nordic Semiconductor

NOD

73 million

Vår Energi ASA

VAR

66 million

LERØY SEAFOOD GROUP

LSG

53 million

AUSTEVOLL SEAFOOD

AUSS

44 million

Energy’s Group

ENGS

42 million

These shares were net bought (that is, bought more than sold) by customers in DNB's equity trading service in the period 1 - 30 November 2025.

The 5 most sold shares in November

Net sold MNOK

Company

Ticker

Net sold for (NOK)

DNB Bank ASA

DNB

-153 million

Norwegian Air Shuttle

NAS

-144 million

Norsk Hydro

NHY

-48 million

Olav Thon Eiendomsselskap

OLT

-39 million

Wallenius Wilhelmsen

Wawi

-33 million

These shares were sold net (that is, sold more than bought) by customers in DNB's equity trading service in the period 1. - 30.11.2025.

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The most traded international shares in November

Rating based on the number of transactions (both purchases and sales)

Company

Country

Ticker

Novo Nordisk A/S

Denmark

NOVO B

Nvidia Corp.

USA

NVDA

Tesla Inc.

USA

TSLA

Energys Group Ltd.

USA

ENGS

Advanced Micro Devices Inc.

USA

AMD

The list shows both bought and sold international shares in the last month. For competitive reasons, the number of transactions is not stated.

Most-bought and sold by young investors (18-28 years old)

Most-Bought

Most sold

Novo Nordisk A/S

Equinor ASA

ZAPTEC ASA

Microsoft Corp.

Cadele AS

Okea ASA

Mowi ASA

Morrow Bank ASA

Vår Energi ASA

Elliptic Laboratories ASA

Shares traded most frequently in DNB’s equity trading service of customers aged 29-49 in the period 1 - 30 November 2025

Most bought and sold by investors between the ages of 29 - 49

Most bought (net)

Most sold (net)

Vår Energi ASA

Wallenius Wilhelmsen ASA

Leroy Seafood ASA

AF Gruppen ASA

Frontline Plc.

DOF Group ASA

Austevoll Seafood ASA

Aker BP ASA

Novo Nordisk A/S

Olav Thon Eiendomsselskap ASA

Shares traded most frequently in DNB’s equity trading service by customers under 28 years in the period 1-30 November 2025

Most bought and sold by experienced investors (50 years +)

Most-Bought

Most sold

Nordic Semiconductor ASA

Elkem ASA

Vår Energi ASA

TechCreate Group Ltd.

Energys Group Ltd.

Kongsberg Gruppen ASA

Bluenord ASA

Aker Solutions ASA

Kitron ASA

Wallenius Wilhelmsen ASA

Shares traded in DNB’s equity trading of customers over 50 years in the period 1 - 30 November 2025

Disclaimer and archive

This website has been prepared for information purposes and only contains information based on aggregated customer data from transactions via the equity trading service in the online and mobile bank of DNB.

The figures are only intended to give a picture of the total activity of the private investors who have acted through this solution for the period mentioned. The statistics should not be perceived as an offer to buy or sell financial instruments or as a recommendation on investment strategy.

DNB Carnegie accepts no responsibility for direct or indirect losses/costs that may arise from the use of this trading data. Please refer to DNB Carnegies General Business Terms & Conditions

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