The Stockholm Stock Exchange fell, weighed on by the big banks
The Stockholm Stock Exchange fell on Thursday, with the broad OMXS index down 0.3 percent. Major banks fell.
BusinessThe Stockholm Stock Exchange fell on Thursday, with the broad OMXS index down 0.3 percent. Major banks fell.
BusinessThe Stockholm Stock Exchange moved lower on Wednesday afternoon and the broad OMXS index closed 0.4 percent lower. Industrial group ABB performed strongly.
BusinessDespite a decrease in net interest income, major bank Nordea beat market expectations with its interim report. Operating profit for the first quarter was the equivalent of just over SEK 17.2 billion.
BusinessMore Swedes are choosing to fix their mortgage interest rates in the wake of the war in Iran. A clear trend shift is visible among SBAB's customers. The proportion choosing to fix their interest rates reached a record high in March, says Linda Hasselvik, the state mortgage bank's private and housing economist.
BusinessThe Stockholm Stock Exchange closed in the red. Pharmaceutical company BioArctic recovered somewhat after earlier losses.
BusinessThe rise on the Stockholm Stock Exchange continued throughout the day, and at the close the OMXS index was up 1.1 percent. Oil prices and the US dollar also fell significantly after US President Donald Trump signaled he might consider new peace talks with Iran.
BusinessThere is full focus on President Donald Trump and on how the war with Iran is unfolding ahead of listed companies' first-quarter reports. That is all the market is looking at. That is the only thing right now, says Lars Söderfjell, head of equities at the Bank of Åland.
BusinessIn the midst of the global oil crisis, Sweden is doing relatively well thanks to its neighbor Norway. But both countries may need to cut their energy consumption, warns Nordea's chief analyst Thina Margrethe Saltvedt. It is a common problem, says the Norwegian analyst.
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