Stockholm Stock Exchange rises as OMXS index gains 1.1 percent
The stock market climbed steadily on Wednesday, despite higher oil prices and recent concerns about highly valued technology stocks. The broad OMXS index closed up 1.1 percent.
BusinessThe stock market climbed steadily on Wednesday, despite higher oil prices and recent concerns about highly valued technology stocks. The broad OMXS index closed up 1.1 percent.
BusinessCloud services group Sinch reports an increase in operating profit to SEK 262 million in the second quarter. This compares with SEK 208 million in the second quarter last year.
BusinessShares of cloud services company Sinch are surging 17 percent in morning trading. The price rally is the biggest gain for the stock since last summer and means the share now trades at 34 kronor - the highest price since November.
BusinessCloud services company Sinch reports sales below expectations for the fourth quarter of 2025.
BusinessAfter a volatile trading day on the Stockholm Stock Exchange, the broad OMXS index closed up 0.3 percent. Truecaller, a directory enquiry company, lost a third of its market value.
BusinessAfter a sour start to the trading day, the Stockholm Stock Exchange turned around. The broad OMXS index closed up 0.1 percent. Cloud service company Sinch plummeted after its quarterly report.
BusinessThe Stockholm stock exchange was pressed down on Tuesday – in line with leading European stock exchanges. The OMXS index closed at minus 0,6 percent. But the cloud service company Sinch rocketed upwards after an interim report and a message about repurchase of shares.
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