SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Volvo hauls on the stock exchange – despite report miss

» Updated: 18 October 2024, 17:51

» Published: 18 October 2024

Volvo hauls on the stock exchange – despite report miss
Photo: Anders Wiklund/TT

The Stockholm stock exchange fell in the opening on Friday but has since turned upwards. The broad OMSX index closed at plus 0.4 percent.

Reporting truck manufacturer Volvo missed its targets for the third quarter. The stock topped the OMXS30 index despite this and rose 3.6 percent. SKF also has a tailwind and rises by 2.8 percent.

Getinge, which also released its report in the morning, fares the worst and falls by 5 percent.

The stock exchanges in Paris and Frankfurt rise by 0.4 percent, while London falls by 0.3 percent.

In Asia, the major stock exchanges closed on a plus. Early in the morning, new GDP figures from China were released, showing a growth of 4.6 percent, which was slightly higher than expected.

Before the stock exchange opening in New York, the outlook is mixed in the pre-trading.

The gold price has reached new record levels and is traded for the first time at over 2,700 dollars per ounce (31 grams). At the Stockholm stock exchange's closing, the oil price was at 72.4 dollars per barrel of North Sea oil.

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

More news

Took a tough stance on crypto companies - resigns
1 MIN READ

Took a tough stance on crypto companies - resigns

Ingvar Carlsson on PG: "A very loyal friend"
2 MIN READ

Ingvar Carlsson on PG: "A very loyal friend"

No Wage Guarantee in American Process
1 MIN READ

No Wage Guarantee in American Process

He became "PG" to the entire Swedish people
3 MIN READ

He became "PG" to the entire Swedish people

PG Gyllenhammar has died: "meant a lot"
1 MIN READ

PG Gyllenhammar has died: "meant a lot"

Unstable US stock market ends on a plus
1 MIN READ

Unstable US stock market ends on a plus

Temu's owner shows its hand
1 MIN READ

Temu's owner shows its hand

Nvidia rises in pre-trading on Wall Street
1 MIN READ

Nvidia rises in pre-trading on Wall Street

Reconstruction in the USA to save Northvolt
3 MIN READ

Reconstruction in the USA to save Northvolt

Northvolt: Negotiations are still ongoing
3 MIN READ

Northvolt: Negotiations are still ongoing

Higher Compensation for Job Interviews in Another Location
1 MIN READ

Higher Compensation for Job Interviews in Another Location

Vehicle Giant Warns of Challenges in 2025
1 MIN READ

Vehicle Giant Warns of Challenges in 2025

Unchanged interest rate in Turkey
1 MIN READ

Unchanged interest rate in Turkey

Trump anxiety in the EU over US tariffs
3 MIN READ

Trump anxiety in the EU over US tariffs

Weak demand for scrapping premium
1 MIN READ

Weak demand for scrapping premium

E-fuel company takes in half a billion
1 MIN READ

E-fuel company takes in half a billion

New Report Boost for AI Giant Nvidia's Share
2 MIN READ

New Report Boost for AI Giant Nvidia's Share

Stockholm Stock Exchange Turned Upwards
1 MIN READ

Stockholm Stock Exchange Turned Upwards

Bitcoin closer to the dream limit
1 MIN READ

Bitcoin closer to the dream limit

Higher fee to stop burning of plastic
2 MIN READ

Higher fee to stop burning of plastic