SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The Stock Exchange Continued Upwards This Week

The Stockholm stock exchange continued the week upwards. The OMXS index had risen 0.7 percent at closing, in line with leading European stock exchanges.

» Updated: 03 December 2024, 17:42

» Published: 03 December 2024

The Stock Exchange Continued Upwards This Week
Photo: Fredrik Sandberg/TT

Among the most traded shares in the OMXS30 index, the mining group Boliden and the fashion giant H&M pulled away upwards with 3.6 and 3.2 percent, respectively.

The upturn was broad, with 22 of the 30 shares in the large-cap index rising. Overall, the index rose 1 percent.

The cloud service company Sinch had the heaviest fall, dropping 3.1 percent.

The construction group Skanska rose 1 percent after receiving a multi-billion order in Finland.

The industrial group Atlas Copco announced that it had acquired a Brazilian compressed air specialist with 90 employees, and the share rose 0.8 percent.

Two of the three major indexes on Wall Street opened slightly lower after the S&P500 index closed on Monday at a new historic record level – for the 54th time this year.

At the close in Stockholm, the stock exchanges in Frankfurt, London, and Paris had all risen.

The Stockholm Stock Exchange began the trading week on Monday with a 1.1 percent increase and has, with Tuesday's continued rise, increased 8.9 percent since the turn of the year.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Down on South Korea's Stock Exchange after Chaos
1 MIN READ

Down on South Korea's Stock Exchange after Chaos

South Korea: The Stock Exchange Opens
1 MIN READ

South Korea: The Stock Exchange Opens

Debts in Northvolt's bankruptcy amount to 6.9 billion
1 MIN READ

Debts in Northvolt's bankruptcy amount to 6.9 billion

Small movements but a record on Wall Street
1 MIN READ

Small movements but a record on Wall Street

Stocks and currency fell – crisis meeting awaits
1 MIN READ

Stocks and currency fell – crisis meeting awaits

SEK 54 billion poured into pension savers
1 MIN READ

SEK 54 billion poured into pension savers

Harsh criticism of nuclear power plan: "Jubilation calculation"
3 MIN READ

Harsh criticism of nuclear power plan: "Jubilation calculation"

AT&T plans a three-year dividend party
1 MIN READ

AT&T plans a three-year dividend party

China stops important minerals to USA
1 MIN READ

China stops important minerals to USA

Carlsberg gets 3.5 billion for Russian brewery
1 MIN READ

Carlsberg gets 3.5 billion for Russian brewery

Eon announces staff cuts in Sweden
1 MIN READ

Eon announces staff cuts in Sweden

After the Northvolt Crisis - The City Wants to See a New Investment
1 MIN READ

After the Northvolt Crisis - The City Wants to See a New Investment

Unexpected setback for South Africa's growth
1 MIN READ

Unexpected setback for South Africa's growth

The Market: Interest Rate May Drop to 1.5 Percent
1 MIN READ

The Market: Interest Rate May Drop to 1.5 Percent

Norwegian Amedia Buys Berlingske
1 MIN READ

Norwegian Amedia Buys Berlingske

Boozt lowers expectations
1 MIN READ

Boozt lowers expectations

Skanska wins large Finnish order
1 MIN READ

Skanska wins large Finnish order

Turkish inflation falls – but unexpectedly little
1 MIN READ

Turkish inflation falls – but unexpectedly little

The German state takes over risky Northvolt loan
2 MIN READ

The German state takes over risky Northvolt loan

Upwards on Asian Stock Exchanges
1 MIN READ

Upwards on Asian Stock Exchanges