Stock market closes higher after Trump's speech
The Stockholm Stock Exchange rose significantly on the last day of the trading week. At the close, the broad OMXS index was up 1.6 percent.
BusinessThe Stockholm Stock Exchange rose significantly on the last day of the trading week. At the close, the broad OMXS index was up 1.6 percent.
BusinessStock market sentiment in Stockholm was fairly cheerful on Thursday, despite new statements from Trump. At the close, the broad OMXS index had risen 0.2 percent.
BusinessBrazil is expressing a desire to purchase an additional 20 Gripen aircraft, on top of the 36 it has already contracted. This is stated in a declaration of intent on increased defense cooperation between Sweden and Brazil.
SwedenThe Stockholm Stock Exchange rose on Thursday, with the broad OMXS index closing up 0.3 percent. Global markets were shaken by an unexpectedly weak AI forecast from American semiconductor giant Broadcom.
BusinessSaab announced in a press release that the first Gripen F aircraft has been displayed at its facility in Linköping.
BusinessSaab has received an order worth just over SEK 200 million for tactical simulation systems to be delivered to the US Army.
BusinessSaab has received an order worth approximately SEK 1.2 billion for sensors and control systems for a ground-based air defense system for the Swedish army, the defense group said in a press release.
BusinessThe announcement that Iran's negotiating delegation had broken off contact with the U.S. caused the Stockholm Stock Exchange to fall sharply. The OMXS index closed down 1.6 percent.
BusinessThe Stockholm Stock Exchange closed in good spirits ahead of the weekend. The broad OMXS index rose 0.5 percent.
BusinessThe Gripen agreement with Ukraine is a huge deal for the defense group Saab. In the long term, production on Ukrainian soil may become possible, CEO Micael Johansson tells TT.
SwedenUkraine's air force is now being built up with help from Sweden. Ukraine is buying 20 Gripen aircraft. In addition, Sweden is donating 16 older-model Gripen. "This is an extremely important step and will allow us to displace the Russian fighter jets," says President Volodymyr Zelenskyy at a press conference.
SwedenThe Stockholm stock exchange fell sharply on Thursday, in line with leading European exchanges. The broad OMXS index fell 1.1 percent.
BusinessCanada has begun negotiations to buy Swedish defense group Saab's airborne surveillance and command system, Global Eye, according to Canadian Prime Minister Mark Carney. "We are pushing for it to happen as quickly as possible," Saab CEO Micael Johansson tells TT.
BusinessThe Stockholm Stock Exchange started the trading day tentatively but rose during the day - and sprinted to a clear green finish.
BusinessThe Stockholm Stock Exchange's broad OMXS index rose 0.4 percent after strong trading on Tuesday.
BusinessSweden is to buy four French frigates for an estimated price tag of over 40 billion kronor. They will be the largest and most expensive Swedish warships in decades.
SwedenThe Stockholm Stock Exchange opened sharply lower, but the mood improved in the afternoon. At close, the broad OMXS index was up 0.4 percent.
BusinessNATO chief Mark Rutte will demand more investment and increased production when he meets representatives of Saab and other leading European defense groups in Brussels next week.
BusinessThe Stockholm Stock Exchange took a break for Ascension Day with a slight rise. At the close, the OMXS index was up 0.2 percent.
BusinessThe Stockholm Stock Exchange yo-yoed during the day - constantly in negative territory. In the end, the broad OMXS index closed down 1.4 percent. Major stock exchanges around the world are also falling, while the price of oil is rising.
BusinessThe Stockholm Stock Exchange closed the week sharply lower, as did leading European stock exchanges. Stockholm fell 1.1 percent, following a similar decline on Thursday.
BusinessIf Ukraine quickly gains access to Swedish Gripen planes, they could change the situation in the war against Russia, according to Ukraine's defense minister Mykhailo Fedorov. They could be a "game changer," Fedorov told TT.
BusinessThe Stockholm Stock Exchange turned lower after Wednesday's gains. The OMXS index closed down 1.1 percent on Thursday.
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