As we’ve closed the books on 2024, the OMX Stockholm PI ended the year +5.7% (OMX 30 at +3.6%). Factoring in dividends, the annual return fell slightly short of the classic required return and the historical average of 7–8%. Meanwhile, the OMX Helsinki PI faced another challenging year, closing at -6.8%, reflecting weak GDP growth (recession in 2024) and the ongoing impact of global geopolitical tensions on Finnish stocks. U.S. stock markets delivered another stellar year, with the Dow Jones up +13% and the Nasdaq surging +29%. With a president-elect who views stock market performance as a key measure of success, the stage is set for potentially more strong years ahead.
