Saab lifts Stockholm Stock Exchange after SEK 12.3 billion order

Published:

Saab lifts Stockholm Stock Exchange after SEK 12.3 billion order
Photo: Fredrik Sandberg/TT

The Stockholm Stock Exchange ended the year's final trading day on a positive note. At the close, the broad OMXS index rose 0.5 percent. Defense group Saab helped lift the index after a multibillion-kronor order.

The stock market year in Stockholm ended cheerfully with a sixth consecutive trading day in positive territory.

On the OMXS30, which tracks the most-traded shares, Saab stood out, up 2.7 percent. This followed an order from France worth SEK 12.3 billion for two reconnaissance and command aircraft.

Mining equipment manufacturer Epiroc rose 1.8 percent and mining company Boliden 1.5 percent.

All 30 stocks on the large-cap list rose, except for clothing giant H&M, which fell 0.1 percent.

After reports that telecom company Ericsson sued Chinese mobile phone manufacturer Transsion for alleged patent infringement, Ericsson climbed 0.6 percent.

At the close in Stockholm, the stock exchanges in Frankfurt, London and Paris had also risen, as had two of the three major indexes in New York.

For 2025 as a whole, the OMXS index has risen 9.5 percent. Since the sharp price drop in April related to President Donald Trump's announced tariffs in the United States, the rise is estimated at almost 27 percent.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...