The Stockholm Stock Exchange closed up

The Stockholm stock exchange fluctuated around zero during large parts of Monday, but the broad OMXS index rose in the end and closed at plus 0.2 percent.

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The Stockholm Stock Exchange closed up
Photo: Fredrik Sandberg/TT

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On the OMXS30 list of the most traded shares, cloud service company Sinch and defence group Saab topped the list with increases of 3.1 and 1.4 per cent, respectively.

In the opposite direction, Assa Abloy stood out, primarily due to the lock giant's announcement of the purchase of a German company for 130 million kronor, and also receiving a lowered recommendation from Norwegian bank DNB from "buy" to "hold". The share fell 2.2 per cent.

Pharmaceutical company Astra Zeneca announced a multi-billion kronor purchase of a Belgian operation this morning. The share fell 0.7 per cent.

Among the smaller companies on the Stockholm Stock Exchange, healthcare company Attendo dropped 3 per cent after announcing that it would terminate its home care agreement with Västerås municipality. It was previously reported that Västerås municipality was planning to do this due to the discovery of serious deficiencies.

At the close in Stockholm, the leading European stock exchanges in Frankfurt, London, and Paris were all up.

In New York, two of the three major indices were up.

The euro is losing value against the Swedish krona and now costs 11.01 kronor, while one dollar is quoted at 10.08 kronor.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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