Stockholm Stock Exchange Rebounds 0.4% as Oil Prices Fall on US-Iran Talks Hopes
The Stockholm Stock Exchange reversed its decline and rose 0.4 percent. Oil prices fell sharply on hopes of peace talks between Iran and the US.
BusinessThe Stockholm Stock Exchange reversed its decline and rose 0.4 percent. Oil prices fell sharply on hopes of peace talks between Iran and the US.
BusinessVery serious. This is how the independent school group Academedia describes Sweden's Pisa results. However, increased screen time among students is only part of the explanation, says Lotta Krus, segment manager for primary school.
SwedenThe Stockholm Stock Exchange started the week's trading lower. At the close, the broad OMXS index had fallen 0.8 percent, in line with several stock exchanges around the world.
BusinessAcademedia increased profits in the final quarter of its broken financial year. But the school group's operations could be affected by the outcome of September's parliamentary election. It might be good if some of the reds come to power and really get to grips with the issue, CEO Marcus Strömberg tells TT.
BusinessEducation group Academedia's adjusted operating profit rose to SEK 552 million in the fourth quarter of the company's broken fiscal year.
BusinessThe education group Academedia reports a profit increase of almost 12 percent for the second quarter of the company's fiscal year, which ended in December.
BusinessProfit and sales are rising for the education group Academedia – if not at the same pace as expected. The company is taking the opportunity to lower its profitability target and adjust its dividend policy. The stock market is giving a thumbs down.
BusinessThe Stockholm Stock Exchange opened the trading week in the red, turned green but lost steam again in the afternoon and closed in the red. The broad OMXS index fell 0.5 percent.
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