Swedish pharmaceutical firms saw their stock prices drop on Thursday morning after US President-Elect Donald Trump used part of his chaotic press conference the day before to say that the US should negotiate better prices from drug companies.
Swedish candy maker Candyking has scrapped a much-hyped initial public offering after issuing a profit warning the day before its shares were due to start trading on the Stockholm stock exchange.
The American budget mayhem failed to put a damper on Tuesday's stock prices in Stockholm, but did knock a gust or two out of the sails of Swedish Match, for whom the US is a key and growing market.
Suspected cases of insider trading are on the up in Sweden, with financial crimes investigators looking into as nearly as many cases in the past six months as in all of 2012.
The Stockholm stock market continued to fall on Friday, with the OMXS-index dropping nearly 4 percent within 30 minutes of opening and finishing the week down nearly 11 percent.
The Stockholm stock exchange was down 6.2 percent on Thursday afternoon when trading closed, making the drop the steepest since November 2008. A broad fall among other European stock markets means fears of a recession are mounting.
The Stockholm stock exchange dropped by 4 percent at the opening of trading on Friday morning, but had recouped the losses by the afternoon amid mounting fears about the the global economy..
Trading in shares of the Ticket travel company was halted on the Stockholm stock exchange on Tuesday morning after the company’s stock price shot up 22 percent on rumours of a takeover bid by the firm's primary owner.
The value of the Swedish state's stock portfolio grew by 55 billion kronor ($7.66 billion) in 2009, putting its current value slightly higher than it was in early 2007 before the financial crisis hit.
The Stockholm stock exchange and the krona both hit record levels for the year on Friday as several economic indicators point to an upswing in Sweden's economic fortunes.
The Stockholm stock exchange took a tumble in early trading on Friday, with the OMXS index dropping 5 percent by 9.15am. Shares in Volvo shed 19 percent of their value.
The Stockholm stock exchange took a minor tumble on Thursday morning in the wake of fresh falls on Asian and US markets, while the Swedish krona fell sharply against the euro and the dollar.
