SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Upwards on the Stockholm Stock Exchange – SBB plummeted

The Stockholm Stock Exchange's broad OMXS index was traded upwards on Friday and rose by 0.5 percent. At the same time, the real estate company SBB fell by over 9 percent.

» Published: 29 November 2024

Upwards on the Stockholm Stock Exchange – SBB plummeted
Photo: Anders Wiklund/TT

The OMXS index was long on minus, but climbed during the week's last trading hours and ended the day on green. Among the winners were the engineering company ABB and the forestry company SCA, which for the day topped the OMXS30 list with a plus of 1.4 percent and plus 1.3 percent, respectively.

It went worse for the real estate company SBB, which plummeted 9.1 percent. The strong reaction comes after bondholders in a letter to the company on Thursday evening demanded repayment, reports Dagens industri.

Of the OMXS30 list's 30 companies, 14 ended the day on plus. The index rose overall by 0.2 percent.

The leading European stock exchanges saw a generally positive development on Friday.

A dollar cost at market close 10.93 kronor, a euro 11.53 kronor, and a bitcoin was around 98,000 dollars.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Tiktok may shut down for Americans on Sunday
1 MIN READ

Tiktok may shut down for Americans on Sunday

Unexpectedly Low Core Inflation in the USA
1 MIN READ

Unexpectedly Low Core Inflation in the USA

USA: Mortgage interest rate exceeds 7 percent
1 MIN READ

USA: Mortgage interest rate exceeds 7 percent

Summer Train Malmö-Oslo Launched on a Trial Basis
1 MIN READ

Summer Train Malmö-Oslo Launched on a Trial Basis

USA's banks are doing better than expected
2 MIN READ

USA's banks are doing better than expected

Blackrock: Record in customer investments
1 MIN READ

Blackrock: Record in customer investments

This is how nuclear power will be accelerated
2 MIN READ

This is how nuclear power will be accelerated

Slight increase in European industrial production
1 MIN READ

Slight increase in European industrial production

Ahead of the Davos Meeting: War the Greatest Threat
1 MIN READ

Ahead of the Davos Meeting: War the Greatest Threat

German economy continues to shrink
2 MIN READ

German economy continues to shrink

Thedéen: Likely with another interest rate cut
3 MIN READ

Thedéen: Likely with another interest rate cut

Continued low inflation pressure in France
1 MIN READ

Continued low inflation pressure in France

A Record Number of Tourists Visited Japan in 2024
1 MIN READ

A Record Number of Tourists Visited Japan in 2024

Skandia raises fixed mortgage rates
1 MIN READ

Skandia raises fixed mortgage rates

Two British Interest Rate Cuts in Sight
1 MIN READ

Two British Interest Rate Cuts in Sight

Cheaper Electricity and Gasoline Push Down Inflation
2 MIN READ

Cheaper Electricity and Gasoline Push Down Inflation

Strong Stock Market Rally Following Positive US Figure
1 MIN READ

Strong Stock Market Rally Following Positive US Figure

Housing Construction Recovers
1 MIN READ

Housing Construction Recovers

Highest Unemployment in Three Years
2 MIN READ

Highest Unemployment in Three Years

Caution characterizes Asian stock exchanges
1 MIN READ

Caution characterizes Asian stock exchanges