Stockholm Stock Exchange recovers to close higher as weak reports weigh on shares
Weak Swedish quarterly reports dampened trading on the Stockholm Stock Exchange. However, the OMXS index recovered from losses to close up 0.2 percent.
BusinessWeak Swedish quarterly reports dampened trading on the Stockholm Stock Exchange. However, the OMXS index recovered from losses to close up 0.2 percent.
BusinessThe Stockholm Stock Exchange rose, led by heat pump manufacturer Nibe. At the close on Wednesday, the broad OMXS index rose 1 percent. At the same time, the Swedish krona was under pressure.
BusinessHusqvarna, a manufacturer of garden products, is proposing an increased dividend to shareholders while the company implements an extensive savings package.
BusinessHusqvarna, active in, among other things, garden products, will achieve savings of 4 billion in annual savings by 2030. This is stated in a press release ahead of the company's Capital Markets Day on Wednesday.
BusinessThe Stockholm stock exchange revolved around zero for a long time on Tuesday – but the prices rose sharply during the last two hours of trading. The broad OMXS index closed at plus 0.7 percent.
BusinessHusqvarna's share price plummets by 10 percent on the Stockholm stock exchange after an interim report. In connection with the report, the company announces that it is winding down the company's factory in Brastad, in Lysekil municipality.
BusinessAfter a couple of strong days, the Stockholm stock exchange shifted to a more cautious growth in Thursday's trading. The broad OMXS index closed at plus 0.3 percent.
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