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H&M Boosts Stockholm Stock Exchange as OMXS Index Rises 0.2%
The Stockholm stock exchange's broad OMXS index fluctuated around zero on Friday and closed at a plus of 0. 2 percent, partly thanks to a strong increase in the index-heavy H&M share.
Average Mortgage Rates in Sweden Drop to 2.83 Percent in July
The average mortgage interest rate in Sweden fell slightly to 2. 83 percent in July, according to the comparison service Zmarta.
Stockholm Stock Exchange Closes Up 0.5% Amid EQT and Boozt Gains
The Stockholm stock exchange continues the week in major key and got a bit of extra speed during the afternoon – but at closing the increase had decreased. The broad index OMXS still ended the trading day with a plus of 0.
Stockholm Stock Exchange Rises as Week Begins with Gains
After three trading days in decline, the Stockholm stock exchange started the week with increases. At the close, the broad OMXS index was up 0,7 percent.
Retail Trade Sales Rebound 2.5% in June After May Decline
Retail trade sales volume increased by 2. 5 percent in June compared to the previous month in calendar-adjusted and seasonally adjusted figures, according to the Statistical Central Bureau (SCB).
Stockholm Stock Exchange Closes Down 0.2 Percent Amid Market Fluctuations
After an increase at lunchtime, the Stockholm stock exchange's broad OMXS index retreated on Wednesday afternoon and closed at minus 0. 2 percent.
Weak GDP Growth May Lead to Swedish Interest Rate Cut
Swedish economy is running on low gear. GDP increased less than expected during the year's second quarter.
EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists
The customs agreement between the EU and the USA will calm the market but the uncertainty will remain, believes SEB's senior economist Robert Bergqvist. I think there has been a tremendous pressure from the EU's 27 countries to pull away this wet blanket.
Lower Tariffs Drive Stockholm Stock Exchange Gains
The Stockholm stock exchange continues the upward trend. At the close on Thursday, the broad OMXS index had risen 0,4 percent – in line with global stock market gains.
Uncertainty Dominates Stock Market After Key Reporting Week
Summer's really heavy reporting week is completed. The professionals see a consistent theme: uncertainty.
Avoiding Pitfalls in Future Power of Attorney Arrangements
Power of Attorney for the Future - the salvation or a false sense of security? It is important to watch out for pitfalls, otherwise the one who receives the power of attorney may end up in a frustrating wrestling match. .
Nordea Maintains 2025 Forecast Amid Economic Concerns
Despite economic concerns, major bank Nordea is sticking to its forecast for 2025. The bank's profit during the second quarter decreased slightly compared to 2024.
Stockholm Stock Exchange Falls 0.8% Amid Volatile Trading
The Stockholm stock exchange fluctuated up and down during Wednesday but in the end the broad OMXS-index closed at a minus of 0. 8 percent.
Package Tours and Car Rentals Drive June Inflation Increase
Package tours and car rental prices pushed up inflation in June, according to the Statistical Central Bureau (SCB). Among food prices – which were virtually unchanged in June compared to May – the prices of fresh berries and leeks stood out the most.
Stockholm Stock Exchange Steady as Saab Shares Decline
After a cautiously positive opening, the Stockholm stock exchange's broad OMX index closed sideways. .
New Mortgage Rules Aim to Enhance Interest Rate Negotiations
Now banks must inform their customers at least one month before the interest rebate on mortgages expires. We hope that this will give mortgage customers an honest chance to be able to negotiate their mortgage interest rate, says Moa Langemark at the Financial Supervisory Authority.
Swish Disruption Affecting Nordea Customers Resolved
The payment service Swish had on Wednesday evening a disruption that affected Nordea's customers. The problem was reported for the first time at 22.
Nordea Economist Criticizes Government's Pessimistic Economic Outlook
Nordea's chief economist Annika Winsth believes that the government is too pessimistic about the Swedish economy. In addition, she is worried that the Minister of Finance will try to make everyone happy in the autumn budget.
Iran Strait Closure Threat Could Spike Petrol Prices, Warns Energy Expert
Iran's parliament wants to close the Strait of Hormuz, where a large part of the world's oil transports pass. If it happens, it will strongly affect the oil price, says Nordea's energy analyst Thina Saltvedt, to TT.
More Banks Reduce Variable Mortgage Rates After Central Bank Cut
Danske Bank and Länsförsäkringar are next to lower the variable mortgage rate by 0. 25 percentage points after the Swedish Central Bank's interest rate cut yesterday.
Major Banks Reduce Mortgage Interest Rates After Central Bank Cut
After today's interest rate cut from the Swedish Central Banken, Swedbank, Nordea and Handelsbanken announce that they are lowering their mortgage interest rates. The banks are lowering the list rate on the variable mortgage by 0,25 percentage points from Thursday.
Debt Trap Concerns Arise Amid Housing Loan Relief Proposals
The Government wants to lower the requirement for how large a cash contribution is needed for a housing loan and abolish the extra amortization requirement. Private economists from several different banks give a thumbs up but at the same time raise a warning finger for new borrowers.
Swedish Central Bank Expected to Lower Interest Rate Wednesday
Most assessors agree that the Swedish Central Banken will proceed with a reduction of the interest rate by 0,25 percent on Wednesday. The monetary policy constitutes the first line of defense in the economic situation we find ourselves in now.
Nordea and Landshypotek Reduce Mortgage Rates Ahead of Rate Decision
Nordea and Landshypotek are lowering their mortgage rates ahead of this week's interest rate decision from the Swedish Central Bank. Nordea is lowering the mortgage rate with a one-year binding period by 0.
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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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