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Weak figures from the eurozone push the krona down
The Eurozone slowed down unexpectedly much in September, according to preliminary purchasing managers' index for the private sector from S&P Global. The euro falls and drags the krona down.
USA's Industry Loses Momentum
American manufacturing industry is doing slightly worse than expected. The Purchasing Managers' Index, a business cycle indicator, for the industry fell slightly in August, to 47.
Downgraded credit rating for SBB
The financially strained real estate company SBB has had its credit rating downgraded to SD (partially suspended payments) by the rating institute S&P Global. The stock fell on the Stockholm Stock Exchange following the news and closed at minus 4.
Saab and H&M winners on positive stock market
The Stockholm stock exchange rose on Wednesday in line with leading European stock exchanges, but the increase was somewhat dampened by an unexpectedly weak job figure from the USA. The broad OMXS index rose 0.
The Market Fell Across the Board
The Stockholm Stock Exchange fell across the board on Tuesday. The broad OMXS index dropped 1.
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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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