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Stock market rises slightly – Telia boosts after deal

The Stockholm Stock Exchange rises slightly in morning trading. Telia is up somewhat following the sale of TV4.

» Published: February 25 2025 at 08:10

Stock market rises slightly – Telia boosts after deal
Photo: Stina Stjernkvist/TT

At 12 o'clock, the Stockholm Stock Exchange's broad OMXS index has risen by a marginal 0.1 percent. Among the winners, bank shares stand out, with Nordea up the most, plus 1.6 percent. Telia is up 1.3 percent after the telecom operator announced this morning that it is selling its media division, including TV4, for 6.5 billion kronor.

On the other hand, Electrolux is falling the most among the heavyweights, down 1.6 percent. Outside the large-cap list, Volvo Cars is down 5 percent.

In the USA, it was mostly down last night, and ahead of the opening on Wall Street later today, futures trading is pointing to falling indexes.

The krona continues to strengthen. You can get one dollar for 10.64, while the euro costs 11.14 kronor.

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By TTThis article has been altered and translated by Sweden Herald
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