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Strengthened Uptrend on the Stockholm Stock Exchange

The Stockholm stock exchange's upward trend is strengthened. Just before lunchtime, the OMXS index is up 0.6 percent.

» Published: March 18 2025 at 08:20

Strengthened Uptrend on the Stockholm Stock Exchange
Photo: Henrik Montgomery/TT

The development is in line with leading European markets, which are all rising. Above all, a strong surge is noted on the Frankfurt Stock Exchange, where the DAX index rises 1.4 percent in connection with the vote in the Bundestag on a gigantic infrastructure fund. Additionally, Asian markets, led by the Hong Kong Stock Exchange, have performed strongly and closed clearly upwards.

On the Stockholm Stock Exchange, heat pump manufacturer Nibe takes the lead with an increase of 2.8 percent. Germany is one of the company's most important markets. Mining giant Boliden rises 2.0 percent. In connection with the company's capital market day, it is announced that an investment of 750 million kronor will be made to expand production in Garpenberg.

Defense conglomerate Saab continues to rise after noting a new all-time high for the share yesterday. Today, the share rises 2.0 percent.

Among the smaller companies, a decline is noted for defense colleague Mildef, which falls 4.6 percent. This is due to insider sales in the company.

Otherwise, it is noted that the oil price is now rising for the third day in a row, in connection with increased concern about the development in the Middle East following Israel's nighttime attack.

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By TTThis article has been altered and translated by Sweden Herald

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