Between Christmas and New Year's Rush on the Stockholm Stock Exchange

This year's second-to-last stock market day offered rising prices. The broad OMXS index went up 0.9 percent.

» Published: December 27 2024

Between Christmas and New Year's Rush on the Stockholm Stock Exchange
Photo: Stina Stjernkvist/TT

Share this article

After a hesitant start, the Friday trading picked up pace. Almost all shares on the heavyweight list OMXS30 ended up in the plus during the mid-day trading. The cloud service company Sinch performed the best, up 4.5 percent.

Even the online casino company Evolution went up, plus 3.7 percent, after having plummeted over 10 percent on Monday following reports that British authorities are investigating the company's operations.

Only the defense conglomerate Saab declined among the large ones, down 0.2 percent.

At the close, the development on the leading European stock exchanges in Frankfurt, Paris, and London was in line with the Stockholm Stock Exchange.

Among other market notes, it can be mentioned that the oil price has risen one percent to around 74 dollars per barrel of North Sea oil. The krona has strengthened against the dollar and now costs 11.00 kronor, while the euro is quoted at 11.48.

Tags

Author

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

More news

Opec+ Plans Oil Production Increase in October
1 MIN READ

Opec+ Plans Oil Production Increase in October

US SEC Ends Swedbank Investigation Without Action
1 MIN READ

US SEC Ends Swedbank Investigation Without Action

Siemens Energy Secures Billion-Euro Deal for Bornholm Energy Island
1 MIN READ

Siemens Energy Secures Billion-Euro Deal for Bornholm Energy Island

88 Postal Operators Halt Package Shipments to USA
1 MIN READ

88 Postal Operators Halt Package Shipments to USA

EU Trade Commissioner Welcomes Potential US Tariff Reduction
1 MIN READ

EU Trade Commissioner Welcomes Potential US Tariff Reduction

Greece Offers Tax Incentives to Attract Returning Workforce
3 MIN READ

Greece Offers Tax Incentives to Attract Returning Workforce

How Greece Transformed Its Economy After Debt Crisis
2 MIN READ

How Greece Transformed Its Economy After Debt Crisis

Trump Considers Three Candidates to Succeed Fed Chief Powell
1 MIN READ

Trump Considers Three Candidates to Succeed Fed Chief Powell

South Korea Expresses Concern Over Mass Arrests at Hyundai Factory in Georgia
2 MIN READ

South Korea Expresses Concern Over Mass Arrests at Hyundai Factory in Georgia

Swedes Face Higher Costs Due to Norway's Fixed Electricity Prices
2 MIN READ

Swedes Face Higher Costs Due to Norway's Fixed Electricity Prices

Nvidia Stock Drops 2.7% Amid New York Market Decline
1 MIN READ

Nvidia Stock Drops 2.7% Amid New York Market Decline

Trump Criticizes EU's $33.9 Billion Fine on Google, Threatens Trade Probe
2 MIN READ

Trump Criticizes EU's $33.9 Billion Fine on Google, Threatens Trade Probe

US Job Market Slows with Only 22,000 New Jobs in August
2 MIN READ

US Job Market Slows with Only 22,000 New Jobs in August

Tesla Board Proposes New Bonus Plan for Elon Musk
1 MIN READ

Tesla Board Proposes New Bonus Plan for Elon Musk

13 Suspected of Insider Trading After Dawn Raid
1 MIN READ

13 Suspected of Insider Trading After Dawn Raid

18 Charged in Major Insider Trading Case in Sweden and Norway
1 MIN READ

18 Charged in Major Insider Trading Case in Sweden and Norway

Skandiabanken Offers Lowest Mortgage Rates in August
1 MIN READ

Skandiabanken Offers Lowest Mortgage Rates in August

Stockholm Stock Market Rises for Third Consecutive Day
1 MIN READ

Stockholm Stock Market Rises for Third Consecutive Day

Danish Energy Giant Ørsted Lowers Profit Expectations for This Year
1 MIN READ

Danish Energy Giant Ørsted Lowers Profit Expectations for This Year

Foreign Ownership Boosts Swedish Economy with Productivity Growth
1 MIN READ

Foreign Ownership Boosts Swedish Economy with Productivity Growth