Stockholm Stock Exchange Slips as AstraZeneca Shares Rise 4.5% After Results
The Stockholm Stock Exchange's broad OMXS index is down 0.3 percent. Pharmaceutical giant AstraZeneca rises after its quarterly report.
BusinessThe Stockholm Stock Exchange's broad OMXS index is down 0.3 percent. Pharmaceutical giant AstraZeneca rises after its quarterly report.
BusinessFutures trading on IG Markets clearly points to a lower opening for the Stockholm Stock Exchange. The trend is similar in futures trading on major European exchanges and in overnight trading in Asia.
TechnologyHygiene and health company Essity, a major manufacturer of diapers and toilet paper, reported an operating profit of just under SEK 3.4 billion for the third quarter, down 31 percent from a year earlier.
BusinessBarely ten years after Essity was spun off from the forestry group SCA, Essity is now on the verge of spinning off its tissue paper business in October, Bloomberg reports.
BusinessConcerns in the AI sector are weighing on Wall Street - and sending ripples through Sweden. The Stockholm Stock Exchange's broad OMXS index fell 0.1 percent on Monday.
TechnologySwedish Essity is acquiring American Kenvue's business in Brazil for feminine hygiene products. The purchase price is equivalent to SEK 2.7 billion.
BusinessThe Stockholm Stock Exchange recovered on Wednesday, with a morning decline followed by a slight rise. The broad OMXS index rose 0.2 percent.
BusinessThe Stockholm Stock Exchange fell on Thursday, with the broad OMXS index down 0.3 percent. Major banks fell.
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