Several Swedish banks have sharply reduced their investments in global meat companies after protests from customers. But almost a billion kronor of Swedish savings is still invested in companies with poor animal husbandry, according to a new review.
SwedenTelecom company Ericsson's shares rose sharply on the last trading day of the week, while the Stockholm Stock Exchange as a whole hovered near zero. The broad OMXS index rose 0.2 percent.
TechnologySwedish growth is picking up this year, according to the latest estimates by three major banks. However, the Greenland crisis has increased the risk of a major setback if it leads to a full-blown trade war between the US and the EU and challenges NATO cooperation.
BusinessExpect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor. That's about 4 percent more than last year, says SEB's equity strategist Esbjörn Lundevall about the dividends.
BusinessA price drop is expected when stock markets open on Monday after a new US tariff threat against Europe, but it could be short-lived. Experience suggests this after a year of constant threats from Donald Trump, analysts say.
BusinessSwedbank is rising sharply on the Stockholm Stock Exchange. This comes after the major bank avoided a hefty fine from the US Department of Justice.
BusinessThe Stockholm Stock Exchange's broad OMXS index rose 1.7 percent on Thursday, led by Swedbank.
BusinessThe US Department of Justice has closed its investigation into Swedbank "without action," Swedbank said in a press release.
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