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Most bought and sold shares

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

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Norwegian Air Shuttle was the most purchased share in March, whilst Equinor was the most traded overall. (Photo: NAS)

More Share Trading Than Ever in March

Never before has higher trading been recorded on the bank's share trading platform. DNB's investors traded shares worth NOK 35 billion and were net sellers to the value of NOK 7.1 billion.

The previous record for share trading among DNB's retail customers was set in March 2022, shortly after Russia's full-scale invasion of Ukraine. At that time, shares worth around NOK 26 billion were traded. This year's March figures therefore represent a significant jump, which must be seen in light of increased geopolitical unrest in the Middle East. Energy shares dominated trading, and many investors took advantage of the price increase to sell down their positions. The oil share Equinor was clearly the most traded last month, with nearly 34,300 trades and a net sale of NOK 4.8 billion.

– This does not look like panic. Investors are rather selling down shares that have had very strong performance. Equinor has delivered a 74 per cent rate of return year to date and was the most net-sold share in March, says Camilla Vik, investment economist at DNB.

The Figures in the Top Lists

The figures below are based on trading activity last month in both DNB's share trading in online banking and in the Savings app. These are sorted either based on number of transactions (purchases and sales), net volume (total amount purchased minus total amount sold), or gross volume (total amount purchased and sold).

Full report for March 2026 (PDF, Norwegian)Open the file in a new tab

The five most purchased shares in March

Net purchases in MNOK

Company

Ticker

Net purchased (NOK)

Norwegian Air Shuttle

NAS

325 million

DNB Bank

DNB

159 million

Gjensidige Forsikring

GJFG

91 million

MOWI

MOWI

79 million

Storebrand

STB

58 million

These shares were net purchased for the largest amounts (i.e. bought more than sold) by customers in DNB's share trading during the period 1 - 31 March 2026.

The 5 most sold shares in March

Net sold MNOK

Company

Ticker

Net sold for (NOK)

Equinor

EQNR

−4.8 billion

Vår Energi

VAR

−1 billion

Aker BP

AKRBP

- 592 million

Yara International

YAR

- 344 million

Frontline Plc

FRO

- 255 million

These shares were net sold (i.e. sold for a greater amount than purchased) by customers in DNB's share trading during the period 1–31 March 2026.

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The most traded international shares in March

Ranking based on number of transactions (both purchases and sales)

Company

Country

Ticker

NOVO Nordisk

Denmark

NOVOb

NVIDIA Corp.

US

NVDA

Tesla Inc.

US

TSLA

Microsoft Corp.

US

MSFT

Rheinmetall AG

Germany

RHM

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

Most bought and sold by young investors aged 18 - 28

Most bought

Most sold

Norwegian Air Shuttle ASA

DOF Group ASA

Circio Holding ASA

Protector Forsikring ASA

SalMar ASA

Nordic Semiconductor ASA

DNB Bank ASA

Zaptec ASA

Telenor ASA

Kongsberg Gruppen ASA

Shares most frequently traded in DNB's share trading by customers aged 18-28 in the period 1 - 31 March 2026

Most bought and sold by investors aged 29 - 49

Most bought (net)

Most sold (net)

Norwegian Air Shuttle ASA

Norsk Hydro ASA

NVIDIA Corp.

Circio Holding ASA

Austevoll Seafood ASA

DNO ASA

DNB Bank ASA

Höegh Autoliners ASA

MOWI ASA

Kongsberg Gruppen ASA

Shares traded for the largest total amount in DNB's share trading by customers aged 29-49 in the period 1 - 31 March 2026

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

Most bought

Most sold

Norwegian Air Shuttle ASA

Nordic Semiconductor ASA

DNB Bank ASA

Norsk Hydro ASA

Gjensidige Forsikring ASA

DNO ASA

Bluenord ASA

Kongsberg Gruppen ASA

MOWI ASA

Höegh Autoliners ASA

Shares traded in DNB's share trading service by customers over 50 years of age in the period 1 - 31 March 2026

Disclaimer and archive

This website has been prepared for information purposes and contains only information based on aggregated customer data from transactions via the share trading service in DNB's online and mobile banking.

The figures are only intended to provide an overview of the overall activity of private investors who have traded through this solution during the period in question. The statistics must not be regarded as an offer to buy or sell financial instruments or as a recommendation regarding investment strategy.

DNB accepts no liability for direct or indirect losses/costs that may arise from the use of these trading data. For further information, please refer to DNB Carnegie'sGeneral terms and conditions

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