Stockholm Stock Exchange Closes Slightly Higher

The Stockholm stock exchange rose slightly at the close following a relatively calm trade. The exchange fluctuated around the zero line during the day, and the broad OMXS index closed 0.1 percent up.

» Published:

Stockholm Stock Exchange Closes Slightly Higher
Photo: Stina Stjernkvist/TT

Share this article

Among the most traded stocks in the OMXS30 index, the home appliance company Electrolux rose 1.7 percent, the fashion giant H&M 1.5 percent, and the measurement technology company Hexagon 1.5 percent.

In the other direction, among others, the cloud service company Sinch was found, down 5.6 percent, the real estate company SBB, minus 4.0 percent, and the defense group Saab, which retreated 3.3 percent.

The European stock exchanges went slightly stronger. The Frankfurt Stock Exchange's Dax index recorded a new high on Friday and has thus recovered the entire customs crisis decline and a little more. The record was broken despite the German economy's slowdown, but investors hope that the incoming Chancellor Friedrich Merz will get the economy spinning.

The preliminary trade agreement between the US and the UK was received positively on most stock exchanges last night, although many details remain unclear. The leading indices on US stock exchanges rose yesterday, as did those in Stockholm. In Asia, the development was more mixed ahead of the tariff negotiations between the US and China, which begin in Switzerland on Saturday.

After a few hours of trading on Friday, the development on Wall Street points weakly downward.

The krona recovered some of yesterday's and last night's decline against a generally stronger dollar, but fell back again at the close. One dollar cost 9.71 kronor at the close.

Tags

Author

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

More news

Oil Demand Surpasses Expectations for 2026, Says IEA

Oil Demand Surpasses Expectations for 2026, Says IEA

Stock Market Shows Weak Downward Trend as Rusta Reports Poor Earnings

Stock Market Shows Weak Downward Trend as Rusta Reports Poor Earnings

Swedish Dockworkers' Union and Employers Resolve Dispute with New Agreement

Swedish Dockworkers' Union and Employers Resolve Dispute with New Agreement

Fines Proposed for Parents Refusing Child Welfare Support

Fines Proposed for Parents Refusing Child Welfare Support

Technology Industry Faces Weak Growth, Says Teknikföretagen Report

Technology Industry Faces Weak Growth, Says Teknikföretagen Report

Food Prices Drop for First Time This Year in Sweden

Food Prices Drop for First Time This Year in Sweden

Noba to Join Stockholm Stock Exchange with Existing Shares

Noba to Join Stockholm Stock Exchange with Existing Shares

Rusta Reports Decreased Profit Despite Increased Sales

Rusta Reports Decreased Profit Despite Increased Sales

Sweden's Labor Market Faces Slow Recovery Despite Job Gains

Sweden's Labor Market Faces Slow Recovery Despite Job Gains

Nikkei 225 Hits New Record Amid Wall Street Optimism

Nikkei 225 Hits New Record Amid Wall Street Optimism

Klarna's NYSE Listing Boosts Growth and Talent Attraction

Klarna's NYSE Listing Boosts Growth and Talent Attraction

Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing

Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing

Klarna's Stock Surges 30% in Initial New York Trading

Klarna's Stock Surges 30% in Initial New York Trading

Klarna CEO Outlines Strategy to Dominate Global Payment Market

Klarna CEO Outlines Strategy to Dominate Global Payment Market

SEC Challenges Global Sustainability Reporting Standards

SEC Challenges Global Sustainability Reporting Standards

Spotify Introduces High-Resolution Sound for Premium Users

Spotify Introduces High-Resolution Sound for Premium Users

LKAB to Invest 6 Billion Kronor in New Gällivare Sorting Plant

LKAB to Invest 6 Billion Kronor in New Gällivare Sorting Plant

Larry Ellison Becomes World's Richest, Surpassing Elon Musk

Larry Ellison Becomes World's Richest, Surpassing Elon Musk

High Electricity Prices in Sweden as Several Nuclear Reactors Halted

High Electricity Prices in Sweden as Several Nuclear Reactors Halted

Oracle Secures Major $300 Billion Cloud Deal with OpenAI

Oracle Secures Major $300 Billion Cloud Deal with OpenAI