Verisure Stock Soars 21 Percent in Stockholm Market Debut

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Verisure Stock Soars 21 Percent in Stockholm Market Debut
Photo: Anders Wiklund/TT

The Stockholm stock exchange got new momentum after yesterday's decline, the OMXS index climbed 0.4 percent. The stock exchange newcomer Verisure is among the winners with a price increase of almost 21 percent.

The Stockholm stock exchange regained momentum on Wednesday after yesterday's decline, which broke a seven-day long upward trend. Today's positive tone was also in line with the development on the leading European stock exchanges and the initial trading on Wall Street.

Among the companies that are soaring, the security company Verisure is notable, which rose 20.8 percent in connection with the first trading day. This after the share was listed at a price of 13.25 euros, approximately 145 kronor.

At the top of the OMXS30 list is the mining giant Boliden with an increase of 2 percent.

ABB, which announced that it is selling its Robotics division to the Japanese Softbank for 5.4 billion dollars, rose slightly, the share increased by 0.7 percent.

Dustin, which released quarterly figures during the morning, rose 7.6 percent.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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