At the end of Q2, the net international investment position was positive by 2,089 b.kr., or 43.9% of GDP, and deteriorated by 91 b.kr., or 1.9% of GDP, during the quarter. Ex-ternal assets totalled 6,762 b.kr. at the end of the quarter, and external liabilities were 4,673 b.kr. The position deteriorated by 95 b.kr. in Q2, owing to financing activities, as foreign assets increased by 97 b.kr. and foreign liabilities by 191 b.kr. Price and ex-change rate movements during the quarter lowered asset values by 105 b.kr. and low-ered the value of liabilities by 116 b.kr., thereby yielding an improvement of 11 b.kr. in the net external position. The króna appreciated during the quarter by just under 2.8% in terms of the trade-weighted index. Prices in foreign securities markets fell by 11.0% between quarters, and prices in the domestic stock market fell by 1.6%.