Stockholm Exchange Sees Slight Gains Amid Mixed European Markets

The Stockholm Stock Exchange closed near zero on Wednesday after a recovery in the late afternoon trading. The broad OMXS index rose 0.1 percent.

» Published: March 19 2025

Stockholm Exchange Sees Slight Gains Amid Mixed European Markets
Photo: Henrik Montgomery/TT

However, most of the shares in the OMXS30 large-cap index fell. Today's decline was led by Saab. The share fell 5.3 percent after Danske Bank set a sell rating on the defense conglomerate.

Against the trend, Investmentbolaget Investor rose after the announcement that its subsidiary Advanced Instruments is buying an American company for over 22 billion kronor. Additionally, it was reported that the CEO of Investor made an insider purchase of 1.1 million kronor. The share rose 1.2 percent.

However, the best performer in the OMXS30 was the industrial company ABB, which rose 3.3 percent. The heavily weighted fashion giant H&M rose 1.5 percent.

Skistar, which released its interim report in the morning, surged during the morning but then lost some momentum. The share closed 2.9 percent up.

Among other companies with significant price reactions, Raysearch stood out. The medical technology company fell 14.2 percent after the company's founder sold shares for around 1.5 billion kronor on Tuesday.

Truck manufacturer Traton fell sharply, down 5.4 percent, after Volkswagen announced that it had sold around 2 percent of its shares in the company.

On the currency market, the krona weakened against both the euro and the dollar. One euro cost 11.01 kronor and one US dollar cost 10.12 kronor at the close of trading.

On the leading European stock exchanges, the trend was mixed. The CAC40 index in Paris performed the best, rising nearly 1 percent.

Tags

TTT
By TT - Translated and adapted by Sweden Herald under license from TT

More news

Economics Students' Math Skills Lagging,
1 MIN READ

Economics Students' Math Skills Lagging, Warn Swedish Educators

Survey Reveals Workplace Silence Affects
1 MIN READ

Survey Reveals Workplace Silence Affects One in Seven Employees

Indonesia to Boost Oil and
1 MIN READ

Indonesia to Boost Oil and Gas Imports from USA to Ease Trade Tariffs

European Stocks Gain Popularity as
3 MIN READ

European Stocks Gain Popularity as Investors Shift Focus from US

Asian Markets Show Mixed Movements
1 MIN READ

Asian Markets Show Mixed Movements as Investors Eye US Tariff Talks

Netflix Surpasses Market Forecasts with
1 MIN READ

Netflix Surpasses Market Forecasts with Strong Quarterly Earnings

United Health's Sharp Decline Weighs
1 MIN READ

United Health's Sharp Decline Weighs on Wall Street Indices

Civil Servant Strike Averted as
2 MIN READ

Civil Servant Strike Averted as New Agreements Reached

IMF Predicts Global Economy to
1 MIN READ

IMF Predicts Global Economy to Sidestep Recession Despite Trade Strains

Judge Rules Google Maintains Illegal
1 MIN READ

Judge Rules Google Maintains Illegal Monopoly in Digital Advertising

Electricians Secure New Deal with
1 MIN READ

Electricians Secure New Deal with Pay Raises and Shorter Hours

US Economy Shows New Signs
2 MIN READ

US Economy Shows New Signs of Weakness with Housing and Manufacturing Slumps

Jonathan Anderson Named Dior Menswear
1 MIN READ

Jonathan Anderson Named Dior Menswear Creative Director

Eli Lilly Shares Surge After
1 MIN READ

Eli Lilly Shares Surge After Promising Weight Loss Pill Results

ECB Lowers Rates Again, More
3 MIN READ

ECB Lowers Rates Again, More Cuts Expected This Year

Study Reveals Long-Term Economic Strain
1 MIN READ

Study Reveals Long-Term Economic Strain for Russia in Ukraine Conflict

Trump Claims He Can Oust
2 MIN READ

Trump Claims He Can Oust Fed Chair Powell Despite Lacking Authority

Hermes Increases U.S. Prices to
1 MIN READ

Hermes Increases U.S. Prices to Offset Tariff Impact

Trump Administration Halts New York
1 MIN READ

Trump Administration Halts New York Offshore Wind Farm Construction

Genre image
1 MIN READ

Pernod Ricard Sales Dip Due to Cognac Challenges in China

TSMC Reports Strong Q1 Results
1 MIN READ

TSMC Reports Strong Q1 Results with 42% Sales Increase

ABB Gains Despite Downturn in
1 MIN READ

ABB Gains Despite Downturn in Stockholm Stock Exchange

ABB Boosts Profit, Plans Robotics
2 MIN READ

ABB Boosts Profit, Plans Robotics Division Spin-Off

Asian Markets Rise on Positive
1 MIN READ

Asian Markets Rise on Positive US-Japan Trade Talks

SBAB Predicts Decline in Mortgage
1 MIN READ

SBAB Predicts Decline in Mortgage Rates as Repo Rate Expected to Drop

Trump Reports 'Great Progress' in
2 MIN READ

Trump Reports 'Great Progress' in Trade Talks with Japan

Nvidia's Warning Sends Wall Street
1 MIN READ

Nvidia's Warning Sends Wall Street Indices Tumbling

EU Launches Safety Sweep to
1 MIN READ

EU Launches Safety Sweep to Tackle Dangerous Products Online

WTO Report: Trump's Tariffs Could
1 MIN READ

WTO Report: Trump's Tariffs Could Cut Global Trade by 1.5% by 2025

Record Restaurant Bankruptcies in March
1 MIN READ

Record Restaurant Bankruptcies in March Highlight Industry Struggles

US Retail Sales Surge in
1 MIN READ

US Retail Sales Surge in March, Driven by Car Purchases

Northvolt's Acting CEO Pia Aaltonen-Forsell
1 MIN READ

Northvolt's Acting CEO Pia Aaltonen-Forsell Steps Down

California Challenges Trump's Tariffs in
1 MIN READ

California Challenges Trump's Tariffs in Court, Citing Illegality

Social Democrats Propose Boost in
2 MIN READ

Social Democrats Propose Boost in Support for Single Parents

Autoliv Navigates Trade Tariffs with
3 MIN READ

Autoliv Navigates Trade Tariffs with Strong First-Quarter Performance

Honda Shifts Civic Hybrid Production
1 MIN READ

Honda Shifts Civic Hybrid Production to Indiana Factory