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Stockholm Stock Exchange rises after interest rate cut
The Stockholm Stock Exchange started on a plus note and has risen further during the morning after the Swedish Central Bank's announcement of a double interest rate cut. Just after 11 am, the OMXS index is up 1.
Profit decline for Volvo competitor
AB Volvo competitor Paccar reports a profit before tax of 1. 26 billion dollars for the third quarter of the year, 21 percent lower than the profit for the corresponding quarter last year.
Volvo's CEO Martin Lundstedt: "Europe must take action"
Europe has fallen behind the USA and Asia. This is one of the reasons why the sales of both electric cars and electric trucks have stalled, believes AB Volvo's CEO Martin Lundstedt.
The Crisis for Electric Cars - "Rather an Adjustment"
Declining sales, halted investments, scrapped targets, lowered forecasts, and cutbacks. The electric car industry in Europe is facing headwinds.
Still Red on the Stock Exchange
September continues in the red on the Stockholm Stock Exchange. At the close, the broad OMXS index had fallen 1.
Danish Mega Order for AB Volvo
The truck manufacturer AB Volvo has received a large order for 300 electric heavy trucks from the Danish logistics company DSV. The order also includes 500 trucks driven by diesel and gas.
Diamond fever on the stock exchange – Lucara skyrocketed
The Stockholm stock exchange rose across the board on Thursday. The OMXS index increased by 0.
Broad decline on the stock exchange – red among major companies
The stock market in Stockholm fell on Thursday, with the OMXS index at minus 2. 1 percent at closing.
Despite the Price Drop - This Is Why You Shouldn't Worry
Several major companies have fallen heavily after this week's interim reports. Is there cause for concern? Not at all, assesses Lars Söderfjell, equity manager at Ålandsbanken.
Italian Mega Order for Volvo Trucks
The truck concern AB Volvo has received an order for 1,500 trucks of the Volvo FH Aero model. The customer is the Italian logistics and transport concern Lannutti Group and the deliveries will take place this year and next year.
Reporting Volvo among the locomotives on the stock exchange
The Stockholm Stock Exchange was sideways in the waves from the report flood from the major companies. AB Volvo, Volvo Cars, and Getinge were locomotives after strong reports.
Volvo CEO on the competition: "The race is on"
Truck giant AB Volvo presents a better result than expected. The second quarter is described as yet another strong quarter.
Volvo CEO on Competition: "The race is on"
The truck giant AB Volvo presents a better result than expected. The second quarter is described as yet another strong quarter.
Vehicle Company Goes Bankrupt – 1,400 Employees Affected
IAC Group Sweden, which supplies components to Volvo companies and Scania, has been declared bankrupt. The company has approximately 1,400 employees in Sweden.
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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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