The Stockholm stock exchange recovered after the morning's decline. At closing, the OMXS index stood at plus 0.4 percent.
BusinessThe Stockholm Stock Exchange started Tuesday's trading with a strong surge following last night's batch of Chinese stimulus measures. However, prices fell back in the afternoon, only to recover somewhat in the final hour. The broad OMXS index closed at minus 0.3 percent.
BusinessThe crisis-stricken battery manufacturer Northvolt is laying off 1,000 people in Skellefteå. However, the municipality and region hope that they will stay and seek new jobs in Västerbotten. Skellefteå's industrial uplift and the green transition are much, much larger than Northvolt, says municipal director Kristina Sundin Jonsson.
BusinessSeptember continues in the red on the Stockholm Stock Exchange. At the close, the broad OMXS index had fallen 1.3 percent.
BusinessThe Stockholm Stock Exchange rose slightly ahead of Wednesday evening's major event – the interim report from tech giant Nvidia. The OMXS index increased by 0.3 percent.
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