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Investment CEO on Billion-Krona Purchase: "Reasonable"
The Wallenberg family's power company Investor has been heavily trading Ericsson shares lately – for nearly three billion kronor. We like the company and besides, we think it was a valuation that was reasonable, says Christian Cederholm, CEO of Investor.
Stock Market Falls Amid Geopolitical Uncertainty
Geopolitical uncertainty on the market is weighing down stock exchanges around the world, following the Biden administration's threat of stricter rules against cooperation with the Chinese semiconductor industry. The report-heavy Stockholm Stock Exchange had fallen 0.
The stock market falls in line with the rest of the world
The Stockholm Stock Exchange closed clearly down in today's trading, in line with leading European stock exchanges and the initial trading on Wall Street. Energy and mining shares are taking a particularly hard hit in the wake of lower metal prices and a fall in the price of crude oil.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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