SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The Stock Week Started Downwards

The Stockholm Stock Exchange started the trading week with falling prices. The OMXS index fell by 0.4 percent.

» Updated: 08 October 2024, 06:42

» Published: 07 October 2024

The Stock Week Started Downwards
Photo: Tim Aro/SvD/TT

The decline among large companies was broad. A majority of the companies on the OMXS30 index with the most traded shares fell.

Among the exceptions, the banking sector stood out. The best performer was fashion giant H&M, which rose 2.3 percent after reports of insider buying by the Persson family.

Among the losers was cloud service company Sinch, which fell 2.0 percent.

Real estate company SBB fell 1.1 percent. On Monday morning, it was announced that its subsidiary Sveafastigheter, which is to be listed, was valued at between 7.9 and 9.1 billion kronor. SBB's shareholders will have priority to subscribe to shares in connection with the listing.

Clas Ohlson, a retail chain, released sales figures for September, and its share initially fell but then recovered and rose 3.1 percent.

The development on the leading European stock exchanges was mixed. London and Paris rose slightly, while Frankfurt was weakly down.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Took a tough stance on crypto companies - resigns
1 MIN READ

Took a tough stance on crypto companies - resigns

Ingvar Carlsson on PG: "A very loyal friend"
2 MIN READ

Ingvar Carlsson on PG: "A very loyal friend"

No Wage Guarantee in American Process
1 MIN READ

No Wage Guarantee in American Process

He became "PG" to the entire Swedish people
3 MIN READ

He became "PG" to the entire Swedish people

PG Gyllenhammar has died: "meant a lot"
1 MIN READ

PG Gyllenhammar has died: "meant a lot"

Unstable US stock market ends on a plus
1 MIN READ

Unstable US stock market ends on a plus

Temu's owner shows its hand
1 MIN READ

Temu's owner shows its hand

Nvidia rises in pre-trading on Wall Street
1 MIN READ

Nvidia rises in pre-trading on Wall Street

Reconstruction in the USA to save Northvolt
3 MIN READ

Reconstruction in the USA to save Northvolt

Northvolt: Negotiations are still ongoing
3 MIN READ

Northvolt: Negotiations are still ongoing

Higher Compensation for Job Interviews in Another Location
1 MIN READ

Higher Compensation for Job Interviews in Another Location

Vehicle Giant Warns of Challenges in 2025
1 MIN READ

Vehicle Giant Warns of Challenges in 2025

Unchanged interest rate in Turkey
1 MIN READ

Unchanged interest rate in Turkey

Trump anxiety in the EU over US tariffs
3 MIN READ

Trump anxiety in the EU over US tariffs

Weak demand for scrapping premium
1 MIN READ

Weak demand for scrapping premium

E-fuel company takes in half a billion
1 MIN READ

E-fuel company takes in half a billion

New Report Boost for AI Giant Nvidia's Share
2 MIN READ

New Report Boost for AI Giant Nvidia's Share

Stockholm Stock Exchange Turned Upwards
1 MIN READ

Stockholm Stock Exchange Turned Upwards

Bitcoin closer to the dream limit
1 MIN READ

Bitcoin closer to the dream limit

Higher fee to stop burning of plastic
2 MIN READ

Higher fee to stop burning of plastic