Stockholm Stock Market Rises with Pump Manufacturers Leading

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Stockholm Stock Market Rises with Pump Manufacturers Leading
Photo: Claudio Bresciani/TT

The Stockholm stock exchange rose marginally on the week's last trading day. The broad OMXS index lifted 0,2 percent and the large company list OMSX30 went up 0,3 percent.

Strongest in OMSX30 was the heat pump manufacturer Nibe, up 2.7 percent. It also went well for the mining company Boliden, which rose 2.0 percent, as well as the clothing giant H&M, plus 1.2 percent.

The defense group Saab, which on Thursday took a big step up with 4.2 percent, fell back on Friday. The share closed at minus 2.0 percent.

In the currency market, the krona strengthened against the dollar, which cost 9.55 kronor at the close of trading. The euro was largely unchanged and cost 11.18 kronor. Bitcoin fell back somewhat from a record high the day before and the price fluctuated on Friday around 118,000 dollars.

In the leading European stock exchanges, the development was mixed. The Paris stock exchange rose, the London stock exchange fell back and the DAX index in Frankfurt was almost unchanged.

Calculated over the entire past week, the Stockholm stock exchange has risen 0.8 percent, and with Friday's increase, the OMXS index has risen 3.1 percent this year.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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