Stock Market Closes Down as Stora Enso Shares Surge
The Stockholm stock exchange enters the Midsummer weekend on a minus. The stock exchange was traded with slight declines and at closing the broad OMXS fell back 0,6 percent.
Business
Stockholm Stock Exchange Rises as OMXS Index Gains 1%
Stockholmsbörsen started the trading week on the plus side. The broad OMXS index rose 1.0 percent.
Business
Care Strike Looms with Potential Major Impact
A major strike in about 80 of the country's private elderly care homes and healthcare facilities is threatening. The effects will be large, warn the employers. According to information, a bid from the mediators is expected on Saturday. If no solution is reached, the strike will break out on Monday morning.
Business
Property and Seko Warn of Strike Over Cleaner Overtime Dispute
Property and Seko terminate the collective agreement for cleaners in the private sector with Almega and warn of strike, the trade unions announce in a press release.
Business
Plan for Tunnel Under Södertälje Canal Gains Support from Major Employers
A tunnel under Södertälje canal is needed, believe both the municipality and two of the country's largest employers: Scania and Astra Zeneca.
Business
Stockholm Stock Exchange Sees Modest Gains as OMXS Index Rises 0.2%
The Stockholm stock exchange continued to rise weakly on Tuesday, as did leading exchanges in Europe. The broad OMXS index rose 0.2 percent.
BusinessTop news
Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden
The American tech giant Nvidia is to open an AI center in Sweden. Large Swedish companies such as Astra Zeneca, Saab, SEB and Ericsson will participate in the operations. Every country needs to build its own AI infrastructure, says Nvidia CEO Jensen Huang.
Business
AstraZeneca Gains Amid Weak Stockholm Stock Market
The Stockholm stock exchange lost pace on Friday afternoon, and the broad OMXS index closed at minus 0. On leading European stock exchanges, the opposite was the trend.
Business
Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent
The strong price increases have ebbed out after Monday's announcement about a pause in the trade war between China and the USA. The OMXS index, like leading European stock exchanges, closed near zero – The real estate company SBB rocketed 40 percent.
Business
Stockholm Stock Exchange Surges 2.8 Percent After Tariff Suspension
The Stockholm stock exchange took a significant leap upwards and the broad index closed with a plus of 2.8 percent. Leading European stock exchanges also moved forward following the morning's news that China and the US are suspending their tariff war.
Business
Trump Announces Plan to Lower US Drug Prices to Match Global Rates
USA's President Donald Trump will sign a presidential order to lower drug prices for Americans, the President announced at a press conference at the White House. I hit harder at the other countries than the pharmaceutical companies.
Business
Stockholm Stock Exchange Rises 1.2 Percent on Strong Job Market Data
The Stockholm stock exchange took the weekend with a jump. The broad OMXS-index rose 1.2 percent following positive signals from both the USA and China.
Business
Few Clear Losers in Swedish Companies' Report Season So Far
Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases. And as for the outlook ahead, one might have feared worse considering the trade war, says Lars Söderfjell, equity manager at Ålandsbanken.
Business
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock. The risks are high, says Karl Hedberg, stock manager at Carnegie Private Banking.
Business
Sweden Warns of Economic Impact from Trump's Tariffs, Eyes Short-Term Work
The government warns of enormous consequences of Trump's tariffs and growth will have to be written down. This is harmful to the Swedish economy, says Finance Minister Elisabeth Svantesson (The Moderate Party). One measure to support companies may be short-term work – similar to what existed during the pandemic.
BusinessTop news
Stockholm Stock Exchange Tumbles as Trade Tensions Escalate
The Stockholm stock exchange plummeted again on Wednesday following new tariff threats from China and the EU. The broad OMXS index fell 3.2 percent, which was in line with leading European stock exchanges.
Business
Pharma Industry Warns EU of US Tariff Impact on Investment Shift
The European pharmaceutical industry is warning the EU Commission President Ursula von der Leyen that the Trump administration's tariffs could be the starting shot for a wave of relocation of production, research, and development from the EU to the USA.
BusinessTop news
Stockholm Stock Exchange Sees Volatile Day Amid Tariff Confusion
The Stockholm stock exchange plummeted by approximately 8 percent when trading began on Monday morning, but the prices recovered in the afternoon only to fall again in the final trading. The broad OMXS index closed at minus 4.8 percent.
Business
Stockholm Stocks Slide 4.5 Percent in a Week as US Inflation Hits
The Stockholm stock exchange's broad OMXS index fell again on Friday, down 0.9 percent. The trading week as a whole ended at minus 4.5 percent.
Business
Major Banks Boost Stockholm Stock Exchange as European Markets Rise
The Stockholm stock exchange spent large parts of the day dancing around zero, but the broad OMXS index eventually picked up and closed at a plus of 0.3 percent. The four heavyweight banks had a good day.
Business
Stockholm Stock Exchange Ends Flat as Saab Leads Gains
The Stockholm stock exchange moved around zero during large parts of Monday and the broad OMXS index closed unchanged.
Business