Swedish shares continue to climb
TT/The Local · 14 Oct 2008, 09:21
Published: 14 Oct 2008 09:21 GMT+02:00
- Record gains on Stockholm exchange (13 Oct 08)
- Stockholm exchange down sharply (10 Oct 08)
- Exchange plummets in early trading (08 Oct 08)
Energy stocks are leading the charge, posting gains of 7.4 percent, while banking sector stocks were up 6.2 percent.
And despite posting a third quarter loss of 8.8 billion kronor ($1.24 billion), the Wallenberg family holding company Investor saw its stock rise 5.2 percent.
Other winners in early trading include clothing companies Björn Borg and New Wave Group, which rose 11.6 percent and 6.5 percent respectively.