Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Slightly up on the Stockholm Stock Exchange

The Stockholm Stock Exchange started the trading week slightly up. The broad OMXS index rose 0.2 percent.

» Updated: 14 October 2024, 17:41

» Published: 14 October 2024

Slightly up on the Stockholm Stock Exchange
Photo: Stina Stjernkvist/TT

Among heavyweights, Astra Zeneca topped the list, up 1.7 percent, after the pharmaceutical giant announced that it had obtained approval for a lung cancer drug on the Chinese market.

Defense contractor Saab also performed strongly, rising 1.2 percent.

At the other end, real estate company SBB fell the most, down 3.1 percent.

Live casino operator Evolution dropped 2.6 percent, while telecom company Tele 2 fell 2.4 percent.

The leading European stock exchanges also rose during the day, with gains in line with the Stockholm Stock Exchange. On Wall Street, it was also up at 17:30 (Swedish time).

During the night's Asian trading, Shanghai rose while Hong Kong fell. The news of new economic stimulus from China's ruling party on Saturday was a bit of a disappointment, while new data indicated that the Chinese economy is stagnating.

This week, the Swedish reporting season kicks off, with Ericsson first out to report third-quarter figures on Tuesday.

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

More news

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange Rises at Opening
1 MIN READ

Stockholm Stock Exchange Rises at Opening

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night

Bitcoin hits new record
1 MIN READ

Bitcoin hits new record

Upward trend on the New York Stock Exchange
1 MIN READ

Upward trend on the New York Stock Exchange

Colombia Buys Jas Gripen
2 MIN READ

Colombia Buys Jas Gripen

Now more wind power on land is required
2 MIN READ

Now more wind power on land is required

High Pressure Causes Electricity Prices to Soar
1 MIN READ

High Pressure Causes Electricity Prices to Soar