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

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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.

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

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