Stockholm Stock Exchange Rises Slightly as H&M Shares Fall

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Stockholm Stock Exchange Rises Slightly as H&M Shares Fall
Photo: Fredrik Sandberg/TT

The Stockholm stock exchange closed the trading week with a plus of 0.1 percent.

On the large company list OMXS30, the increase was led by the defense group Saab, which climbed 3.7 percent, followed by the measurement technology company Hexagon with a plus of 2.1 percent.

The major banks also performed well, Handelsbanken, Nordea, and Swedbank rose 2 percent and 1.9 and 1.6 percent respectively.

Twelve of the 30 companies closed on a minus. It went worst for the clothing giant H&M, which lost 1.5 percent after a sell stamp from Inderes.

On the continent, the European index Euro Stoxx 50 had risen 0.2 percent when the Stockholm stock exchange closed. The leading indexes in London and Paris were traded upwards, while Frankfurt fell back slightly.

Wall Street closed yesterday at new record levels. The Stockholm stock exchange also rose clearly during yesterday.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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