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Service sector slows slightly in December
Business News

Service sector slows slightly in December

The high level of activity in the services sector slowed somewhat in December, according to the Purchasing Managers' Index from Swedbank and Silf.
Swedish industry is gearing up as PMI rises to 55.3 in December
Business News

Swedish industry is gearing up as PMI rises to 55.3 in December

The Purchasing Managers' Index for Swedish industry rose to 55. 3 in December, up from 54
Stockholm stock market slightly up ahead of the Christmas holiday as Saab rises
Business News

Stockholm stock market slightly up ahead of the Christmas holiday as Saab rises

The Stockholm Stock Exchange rose slightly ahead of the Christmas holiday. The OMXS index closed up 0
The stock market ended the week in positive territory
Business News

The stock market ended the week in positive territory

The Stockholm Stock Exchange ended the week slightly higher. The OMXS index rose 0
Riksbank: Then it leans towards an interest rate hike
Business NewsTop News

Riksbank: Then it leans towards an interest rate hike

The Riksbank will leave the key interest rate unchanged at 1. 75 percent
Swedish banks must review risks in Baltic countries
Business News

Swedish banks must review risks in Baltic countries

The major Swedish banks Swedbank and SEB operate their operations in the Baltic countries with increased risks, according to the European Central Bank (ECB), sources say.
Stockholm Stock Exchange fell after Wall Street opened
Business News

Stockholm Stock Exchange fell after Wall Street opened

The Stockholm Stock Exchange lost its breath in the final hours of the trading week after the New York Stock Exchange opened sour. At the close, Stockholm's broad OMXS index had fallen 0
They had the cheapest mortgages in November
Business News

They had the cheapest mortgages in November

The average interest rate for variable mortgages was 2. 65 percent in November, according to a review from the comparison service Zmarta
Stockholm Stock Exchange rises – hopes for lower US interest rates
Business News

Stockholm Stock Exchange rises – hopes for lower US interest rates

The Stockholm Stock Exchange rode a wave of stock market gains around the world. The appetite for stocks is increasing as more and more people expect an interest rate cut in the US next week
Unexpected big boost in the service sector
Business News

Unexpected big boost in the service sector

Activity in the services sector increased significantly in November, according to a purchasing managers' index from Swedbank and Silf. The index rose to 59
The Stockholm Stock Exchange saw red after jobs figures in the US
Business News

The Stockholm Stock Exchange saw red after jobs figures in the US

The Stockholm Stock Exchange fell from a slight plus to minus after unexpectedly weak jobs figures for November in the US. At the close, Stockholm's broad OMXS index had fallen 0
Temperatures are dropping in the industry
Business News

Temperatures are dropping in the industry

The temperature in Swedish industry dropped in November, according to a purchasing managers' index for November from Swedbank and Silf. "Swedish industry continues to be in an expansionary phase, although the pace has slowed somewhat," says Jörgen Kennemar, responsible for the analysis of the purchasing managers' index at Swedbank, in a press release
Banks unclear when mortgage discount will expire
Business News

Banks unclear when mortgage discount will expire

Banks are required to inform their customers at least one month before the interest rate discount on mortgages expires. However, Ekonomiekot reports that the banks are lacking in clarity
The stock market ended the week down
Business News

The stock market ended the week down

The Stockholm Stock Exchange started Friday trading higher, but prices fell after just an hour. The broad OMXS index closed down 0
No new court hearings with Bonnesen
Business News

No new court hearings with Bonnesen

The service sector slows down slightly
Business News

The service sector slows down slightly

The temperature in the services sector dropped in October, according to the purchasing managers' index for the month. The index, which is produced by Swedbank and the purchasing managers' organization Silf, fell to 55
Stockholm Stock Exchange steadily in the red
Business News

Stockholm Stock Exchange steadily in the red

The Stockholm Stock Exchange started Tuesday in the red and remained in that area for the rest of the day. At the close, the broad OMXS index had fallen 0
Swedbank: The economic recovery is here
Business News

Swedbank: The economic recovery is here

The Swedish economy has begun to recover and the labor market will strengthen next year, predicts Swedbank in its economic report. The major bank does not expect an interest rate increase from the Riksbank until 2027
Swedbank's purchase of Stabelo completed
Business News

Swedbank's purchase of Stabelo completed

Swedbank's acquisition of mortgage lender Stabelo is now complete, the bank announced in a press release.
The industry is slowing down somewhat
Business News

The industry is slowing down somewhat

The pace of Swedish industry is slowing down slightly in October, according to a purchasing managers' index for October from Swedbank and Silf.
Volvo Cars Soars 38% on Stockholm Stock Exchange After Strong Report
Business News

Volvo Cars Soars 38% on Stockholm Stock Exchange After Strong Report

Volvo Cars surged more than 38 percent on the Stockholm stock exchange after a positive quarterly report. At the same time, the broad OMXS index rose 0
Swedbank Reports Decreased Profit in Third Quarter
Business News

Swedbank Reports Decreased Profit in Third Quarter

Small Businesses Face Economic Struggles but Hope for 2026 Recovery
Business News

Small Businesses Face Economic Struggles but Hope for 2026 Recovery

The country's small entrepreneurs are experiencing the worst economy in 41 years with falling profitability and limited investment opportunities. But hope remains that 2026 will be better
Stockholm Stock Exchange Falls as Volvo Shares Drop 7.8%
Business News

Stockholm Stock Exchange Falls as Volvo Shares Drop 7.8%

The Stockholm stock exchange turned sour and retreated on Friday, among other things Volvo and EQT fell heavily. The OMXS index closed at minus 1
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