Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Boliden at the top on a cheerful stock exchange

Wednesday offered a happy stock market in Stockholm. The OMXS index closed at plus 0.4 percent. The leading European stock exchanges also rose.

» Updated: 19 September 2024, 02:45

» Published: 31 July 2024

Boliden at the top on a cheerful stock exchange
Photo: Anders Wiklund/TT

The mining company Boliden and the engineering company Atlas Copco were among the big winners among the most traded shares on OMXS30. Boliden closed at a plus of 3.2 percent and Atlas Copco closed at a plus of 2.1 percent. Saab had also risen by 2.1 percent at closing.

Telia's share, which is traded without the right to dividend, went against the trend and fell by 3.7 percent. The volatile real estate company SBB also lost heavily among the major companies, minus 5.2 percent.

The stock exchanges in London, Paris, and Frankfurt rose and were up at closing.

The US central bank will likely announce tonight that the interest rate will remain unchanged. But for the market, it is highly interesting how the reasoning goes regarding a possible interest rate cut in September.

After the closing on Wall Street, Facebook owner Meta will present its quarterly report.

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

More news

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Trade Union Economist: The Central Bank Lowers Interest Rates Too Late
2 MIN READ

Trade Union Economist: The Central Bank Lowers Interest Rates Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

The Central Bank doubles down on interest rate cuts – more to come
1 MIN READ

The Central Bank doubles down on interest rate cuts – more to come

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange Rises at Opening
1 MIN READ

Stockholm Stock Exchange Rises at Opening

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night

Bitcoin hits new record
1 MIN READ

Bitcoin hits new record