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Stockholm Stock Exchange Drops 1.5 Percent as Market Sentiment Sours
The Stockholm Stock Exchange started the day slightly optimistic on Wednesday, but the market soured significantly and the broad OMXS index closed at minus 1. 5 percent.
Major Banks Boost Stockholm Stock Exchange as European Markets Rise
The Stockholm stock exchange spent large parts of the day dancing around zero, but the broad OMXS index eventually picked up and closed at a plus of 0. 3 percent.
Persson Warns of US Turning Away from Europe and Its Implications
It is very strange that a "loser" like President Putin gets to set the agenda, believes former Prime Minister Göran Persson (S). There is an American debate that I don't quite understand – that it's Nato's fault that it has turned out this way, says Persson about Russia's war in Ukraine.
Another Major Bank Raises Mortgage Interest Rates
Swedbank is raising its mortgage rates on loans with longer binding periods. The bank is raising the so-called list rates, where loans with a two-year binding period are increased by 0.
This is how much the mortgage rate fell in February
The variable mortgage rates continued to fall in February, according to statistics showing what households actually pay for their home loans. .
Swedbank expects long pause for interest rate cuts
Swedbank is changing its forecast and now believes that the Swedish Central Bank will take "a long pause" before it becomes relevant to lower the interest rate from the current level of 2. 25 percent.
Inflation rises unexpectedly much – "Cold shower"
Inflation is now rising unexpectedly much. The consequence: an interest rate cut from the Central Bank is seen as very distant, according to analysts.
Sweden's Service Sector Shows Slow Recovery with Index at 50.8
Purchasing Managers' Index for the service sector rose to 50. 8 in February, according to Swedbank and Silf.
Swedish Industry Surges Ahead: February PMI Outshines Europe
The temperature in industry is rising. The purchasing managers' index for the manufacturing industry increases to 53.
Swedish small investors dump Tesla
American tech giants were sold off while the banks got a flying start to the year, according to February's stock statistics from Nordnet. .
Women Fare Better than Men on the Stock Exchange
Last year's stock market star was in many ways the defense company Saab. The stock gained 84,000 new owners and the price has soared by over 50 percent.
End to Interest Rate Cuts – Major Bank Changes Its Mind
There will be no more interest rate cuts from the Swedish Central Bank. The major bank Nordea has changed its mind and now expects that it has reached the bottom.
Technical problems at Nordea resolved
Nordea was affected by technical problems with login in its app and online banking this morning. Since 11:30, the problems should be resolved, says Henrik Devell, press spokesperson at the bank.
Saab the Heaviest Pull on a Merry Stock Exchange
The defence group Saab was the biggest draw when the Stockholm Stock Exchange rose on Monday, as did several other defence companies on European stock exchanges. The banking sector also performed very well in Stockholm.
Expensive graduation party - "can be anxiety-filled"
Sing about the student's happy day, it says in the student song. But it also risks becoming a very expensive day, for the student's parents.
SSAB wins on the stock exchange despite threats of steel tariffs
The Stockholm Stock Exchange rose broadly on the first day of the trading week. The OMXS index increased by 0.
Bound Mortgage Rates on the Way Up
The variable mortgage rates continued to fall in January. On the other hand, the fixed rates have bottomed out and turned upwards at the beginning of the year, according to statistics that show what households actually pay for their home loans.
The Stockholm Stock Exchange closed the week with a decline
The Stockholm stock exchange's downturn continued on Friday. At closing, the broad OMXS index was down 0.
Major Banks Increase Dividend to 115 Billion
The major banks' profits were largely stagnant in 2024. However, the dividends to shareholders will increase in the spring with over ten billion to a total of 115 billion kronor, plus tens of billions more in share buybacks.
Still slow for the service sector
The Purchasing Managers' Index for the service sector fell to 50. 1 in January, according to Swedbank and Silf.
Better pace in Swedish industry
Purchasing Managers' Index for the manufacturing industry rose to 52. 9 in January, according to Swedbank and Silf.
Assessors: More Cuts Are Needed
Today's interest rate cut is the last one that the Swedish Central Bank is currently signaling. Completely wrong, according to several actors who want to see further cuts in the near future.
Bankers lower mortgage rates – this is how you should think now
Several banks are now lowering their variable mortgage rates following the Swedish Central Bank's recent rate cut. So how should mortgage borrowers think? Look out for yourself, says Christina Sahlberg, savings economist at the comparison site Compricer.
No Increase in Dividend Payout from SEB
The major bank SEB chooses not to propose any increased dividend to the shareholders. Instead, a comprehensive repurchase program of the company's shares is proposed.
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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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