Stockholm Stock Exchange rose in
Photo: Fredrik Sandberg/TT

Stockholm Stock Exchange rose in brisk trading

The Stockholm Stock Exchange's broad OMXS index rose 0.4 percent after strong trading on Tuesday.

Advertisement

Of the 30 most traded stocks on the OMXS30 list, the stock that rose the most was live casino operator Evolution, up 7.3 percent. This followed a decision on a large share buyback program.

Defense group Saab rose 4.4 percent. The government is demanding that systems from Saab and Bofors be included in the deal when Sweden buys four French frigates.

Heat pump manufacturer Nibe was the biggest faller on the OMXS30 list, plunging 7.4 percent after its interim report.

At times during the day, the stock market was up more than 1 percent, but it was pushed back by volatile interest rates in the United States.

At the close in Stockholm, the stock exchanges in Frankfurt, London and Paris had also risen. All three major indices in New York were clearly down.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All