Ticket fuels stock exchange surge
TT/The Local · 18 May 2009, 18:03
Published: 18 May 2009 18:03 GMT+02:00
Shares in the Ticket travel agency chain jumped by 5.6 percent on news that Malmö Aviation owner Pehr G Braathen had bought 29.3 percent of the company's shares from bankrupted Icelandic firm Fons.
It was also a good day for Sweden's major banks, with Swedbank climbing by 8 percent, SEB by 3.5 percent, Nordea by 2 percent and Handelsbanken by 2.4 percent.
The day had started bleakly, with stocks down in morning trading. But share prices picked up in the afternoon and the OMXS index finished the day on 243.9 points.