The Stockholm stock exchange recovered somewhat on Thursday afternoon following better-than-expected signals from the USA – and closed on a plus. The OMXS index rose 0.1 percent.
BusinessSmall savers were clearly more active than usual on Black Monday on the stock exchange. In the turmoil, Swedish savers chose to back the financial icon Warren Buffett. It's a clear sign of the uncertainty we've seen surrounding the tech giants, says Frida Bratt, savings economist at Nordnet.
BusinessMonday's trading was characterized by sharp stock market falls, and the OMXS index fell for the third trading day in a row. Among the large companies on the Stockholm Stock Exchange, only Nibe went against the trend.
BusinessSwedish industry's recovery is slowing down. The purchasing managers' index for the manufacturing industry fell to 49.2 in July, according to the monthly measurement made by Swedbank and the purchasing managers' organization Silf.
BusinessSwedish savers got rid of Tesla more than any other share during the month of July. There seems to be a hesitation around Tesla going forward, says Frida Bratt, savings economist at Nordnet.
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