• Sweden edition
Business & Money

Stockholm stock exchange bounces back

Published: 23 Oct 07 11:51 CET | Print version
Online: http://www.thelocal.se/8872/20071023/

The Stockholm stock exchange bounced back on Tuesday morning following its recent slide. Alfa Laval was the biggest winner on the back of a strong quarterly report.

After ten minutes of morning trading, the OMXS index had jumped 1.5 percent to 376.6, while the OMX Nordic 40 was up 1.3 percent. Trading in Stockholm reflected similar positive trends in the US, Asia and the rest of Europe.

Shares in Alfa Laval had risen by 11.5 percent by 9.45am following the release of the company's quarterly report.

TT/The Local (news@thelocal.se/08 656 6518)

Business & Money headlines
Array

Solna voted best place to live in Sweden

Solna, a suburb just north of Stockholm, is the best place to live in Sweden, according to a new ranking published on Friday by Swedish news magazine Fokus. READ () »

Array

Ikea founder rated fifth richest in the world

Ingrad Kamprad, the founder of Swedish furniture giant Ikea, finished fifth on the Bloomberg Billionaires Index published on Friday, with an estimated fortune of $55.6 billion. READ () »

Array

LinkedIn profile lands Swede with hefty tax bill

A Swedish man is facing a five-million kronor ($750,000) add-on to his tax bill after the authorities took a proper look at his account on the professional networking site LinkedIn. READ () »

Array

India in no rush to open first Ikea store

The first Ikea store to open in India may not be ready for years, with the India head of the Swedish furniture giant prepared to wait until the the perfect location is found for the first of the 25 planned stores. READ () »

Array

H&M CEO to Bangladesh: raise minimum wages

H&M CEO Karl-Johan Persson has urged Bangladesh to raise its minimum wage, adding the Swedish fashion giant is "willing to pay more" in the wake of a garment industry disaster which killed more than 1,100 people. READ () »

Array

Pensioners to recruit ageing Swedish rockers

The Swedish Pensioners Association wants to cast off its "stuffy" image at the Sweden Rock festival, in a recruitment bid to set up a rock music subgroup of new members. READ () »

Array

Sweden plummets in income equality ranking

The living conditions of most Swedes have improved in recent decades, but income inequality is growing rapidly, according to a new OECD report, which saw Sweden drop 14 spots from its first place ranking in 1995. READ () »

Array

Swedish shop hits back: our Converse are real

Swedish retailer Coop has refuted complaints by US sneaker brand Converse that Coop stores are selling unauthorized pirated copies of the iconic footwear. READ () »

Sweden housing crunch
Array

Young Swedes forced to live with mum and dad

More than half of Swedes in their twenties are stuck living at home with their parents in major metropolitan areas, with observers blaming politicians for abdicating any responsibility for dealing with lack of housing. READ () »

Array

Converse in bid to ban 'fake' shoes in Sweden

Legendary US sneaker brand Converse has asked a Swedish court for permission to search outlets of Swedish retail chain Coop in a bid to clear near-perfect pirated copies of the iconic shoes off the shelves. READ () »

More Business & Money

Find a new job in Sweden now
18/05 LCI Coordinator
Aker Advantage
Bærum/Tranby
18/05 Tender Lead Subsea 7656
Aker Advantage
Ågotnes
17/05 Account Executive - Sweden- Sofware Sales
Stockholm
17/05 Authorization Engineer
Västerås
17/05 Backend infrastructure Team Lead
Stockholm
17/05 Baxter Home Hemodialysis ? HHD Field Service Engineer
Baxter Medical AB
Östergötland
17/05 Boutique Manager / Store Manager
Copenhagen
17/05 Business Consultant
Tieto Sweden AB
Stockholm, STHM
17/05 Business Partner Sales to AkzoNobel
Experis Finance
SKÅ
17/05 BUSINESS SOL ARCHITECT
Kista

ALL JOBS »


 
Latest Business & Money news from Germany
Counseling in English
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Trade binary options
Create an account with Banc De Binary, the world’s most reputable binary options firm, and start cashing in today! You can start by practicing with our free $50,000 demo account.
www.bbinary.com
Therapy in English
Expat counsellor & talk therapist offers counselling for stress, relationship issues, sexuality, culture adjustment & life coaching. Private & confidential. Stockholm or Skype. Contact me today! 08-559 22 636 or
CLICK HERE
Holiday Luxury Villa in Portugal
Casa Birgitta in Algarve, Portugal. Reduced price in best location. Private estate on white sand beach. All amenities included. Book here today! edward_george1@hotmail.com
The Local's new Marketplace
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS