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Trading off to shaky start

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09:46 CET+01:00
The Stockholm stock exchange saw a turbulent opening to the new week on Monday with stocks down 5 percent after just 15 minutes of trading.

Swedbank plunged 13 percent on news that it was to issue fresh shares to the tune of 12.4 billion kronor ($1.55 billion).

Carnegie was down 14 percent by 9.30am after the Riksbank announced on Monday it would provide one billion kronor ($124 million) in special liquidity assistance to the beleaguered investment bank.

Shares in Electrolux bucked the trend following a slow start, jumping 2.8 percent in early trading after the white goods giant posted a third quarter report with profits higher than anticipated.

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The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.

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