Stockholm Stock Exchange Rises 1.1% as European Markets Gain
The Stockholm Stock Exchange rose sharply on Friday. The broad OMXS index closed 1.1 percent higher. Major stock exchanges across Europe also rose.
Business
SEB Falls 4.6% as Stockholm Market Rises, After Swedish Regulator Raises Capital Requirements
Major bank SEB fell sharply on the Stockholm Stock Exchange after being reprimanded by the Swedish Financial Supervisory Authority (the financial regulator). The broad OMXS index, however, rose 0.2 percent.
Business
Stockholm Stocks Rally 1.6% as Telia and Tele2 Fall
The Stockholm Stock Exchange ended the week in the red, with the broad OMXS index up 1.6 percent.
Business
Stockholm Stock Exchange Falls as Ericsson, EQT and Saab Decline
The Stockholm Stock Exchange closed down on Thursday, with the broad OMXS index down 1.4 percent.
Business
EQT sells AI-driven cybersecurity company Ontinue to Quorum Cyber
A fund in the Wallenberg Circle venture capital group EQT - EQT Mid Market Europe - has agreed to sell Ontinue, an AI-driven cybersecurity services company.
Business
Stockholm stock market ends little changed as ABB and Atlas Copco rise
The Stockholm Stock Exchange saw slight movements on Monday. At the close, the broad OMXS index was marginally above zero.
Business
Norway backs proposal for Nordic super stock exchange
The proposal for a joint Nordic stock exchange gets the thumbs up from Norway. Øivind Amundsen, CEO of the Oslo Stock Exchange, sees advantages in closer cooperation.
Business
Rising interest rates drag down Stockholm Stock Exchange as OMXS falls 1.1%
The Stockholm Stock Exchange's broad OMXS index fell 1.1 percent on Tuesday - in line with major stock exchanges around the world. Sharply rising market interest rates are weighing on sentiment.
Business
Stockholm Stock Exchange starts week lower as oil prices rise on Iran conflict escalation
The 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.
Business
Amazon secures wind power for Swedish data centres from four farms
The American e-commerce giant Amazon has reached an agreement to supply electricity from four Swedish wind farms to secure more power for its data centers in the country. The agreement concerns almost 200 megawatts, Amazon writes in an emailed comment to Bloomberg.
Business
Stockholm Stock Exchange ends 11-day losing streak as OMXS rises 0.3%
After eleven consecutive trading days without an increase, the Stockholm Stock Exchange turned on Thursday. The broad OMXS index rose 0.3 percent.
Business
EQT to Become Majority Owner of Australian Rugby Club Melbourne Storm
Wallenberg's venture capital company EQT is becoming a majority owner in the Australian rugby club Melbourne Storm, EQT writes in a press release.
Business
AstraZeneca falls on merger rumors as Stockholm stock market rises
The Stockholm Stock Exchange started the trading week with a clear rise. At the close, the OMXS index was up 0.8 percent. AstraZeneca went against the grain and sank on merger rumors.
Business
Stockholm stock market dips before close but still sets record highs
The Stockholm Stock Exchange traded at record levels during the week. However, the OMXS index fell just before closing on Friday, and ended up 0.2 percent for the day.
Business
EQT rallies more than 11% after half-year report beats forecasts
The Wallenberg sphere's listed venture capital company EQT is rising by more than 11 percent after its half-year report. "In a volatile market, we have created attractive investment opportunities and taken clear steps forward in our value creation," CEO Per Franzén says in the report.
Business
Stockholm stock market falls as Sandvik and Volvo Cars slump amid global AI hype shift
The Stockholm Stock Exchange fell, with steep declines for several engineering giants, while global markets are gripped by a new round of AI hype. The OMXS index closed down 0.2 percent.
Business
Stockholm Stock Exchange rises 1.1% as Sandvik and EQT lead gains
The Stockholm Stock Exchange continued its trading week in the green. At the close, the broad OMXS index had risen 1.1 percent.
Business
Stock market shows some courage as oil price falls
The Stockholm Stock Exchange closed slightly higher on Monday after being in the red for much of the day. Falling oil prices and positive signals from peace talks between Iran and the United States contributed to the rise.
Business
Stock market down as Clas Ohlson reports decline
The Stockholm Stock Exchange fell in line with leading European exchanges on Wednesday - the broad OMXS index closed down 0.5 percent. The Clas Ohlson gadget retailer tumbled after releasing its financial results.
BusinessTop news
New book: Northvolt site could become power-hungry data center
Northvolt's old premises could be transformed into a power-hungry data center, the largest in Europe - instead of becoming a site for battery manufacturing. This is what journalist and author Gunnar Lindstedt writes in the book "The Northvolt Case".
Business
Wallenberg Sphere's EQT to manage EU Scaleup Europe Fund for deep-tech companies
Venture capital firm EQT has won a tender to manage an EU fund that will be used to strengthen so-called deep-tech companies.
Business
EQT one step closer to British giant Intertek deal
The board of British Intertek is leaning toward recommending that shareholders accept an offer of around £9.2 billion (about SEK 115 billion) from EQT, the Wallenberg sphere's venture capital company.
Business
EQT raises bid for London-listed Intertek to £9.2 billion (about SEK 115 billion)
Wallenberg's private equity firm EQT is raising its bid for London-listed Intertek Group to around £9.2 billion (about SEK 115 billion).
Business