A1 Refereed original research article in a scientific journal

Helsinki Stock Exchange: trading and listed securities, 1912–1981




AuthorsVaihekoski Mika

PublisherCambridge University Press

Publication year2022

JournalFinancial History Review

Volume29

Issue3

First page 326

Last page341

eISSN1474-0052

DOIhttps://doi.org/10.1017/S0968565022000208

Web address https://doi.org/10.1017/S0968565022000208

Self-archived copy’s web addresshttps://research.utu.fi/converis/portal/detail/Publication/177708786


Abstract

A newly collected historical database for the Helsinki Stock Exchange (HSE) is used to analyse the number and structure of listed equity securities. The analysis shows that from its establishment in October 1912 to the end of 1981, a total of 849 different stock series and related issue rights have been listed on the HSE. Of these, 206 are normal stock series and they represent 167 different companies. The two largest industries represented on the HSE during most of the analysed period are metal and manufacturing and pulp and paper industries. Together they represented more than half of the listed companies throughout most of the sample period. 


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