Thursday, February 12, 2015

Governor Effect on the Stock Exchange – Swedish newspaper Svenska Dagbladet

Governor Effect on the Stock Exchange – Swedish newspaper Svenska Dagbladet

At the close of trading on Thursday had OMXS index gained 2.1 percent to 528.9.

The key interest rate is lowered to minus 0.10 percent, the National Bank buys government bonds for 10 billion and flagging even for more action if it is not enough to boost inflation.

The news had an immediate effect on the crown, which was weakened by over 10 cents against the dollar and the euro. Market rates declined further.

Almost all big corporations on the Stockholm Stock Exchange rose. Export-heavy companies went well, while banks underperformed.

Boliden rushed 9.1 percent after quarterly report. The company is raising its dividends more than expected. Adjusted operating profit also surprised.

Skanska reported in the morning, a fourth-quarter results that were better than expected. Shares rose 3.4 percent.

Kinnevik go up 4.0 percent. Portfolio company Zalando’s operating profit for 2014, following a strong final quarter.

The leading European stock markets took off after the conflict parties in Ukraine signed a ceasefire agreement. Even new hope for a solution to the Greek crisis affected.

FTSE index rose 0.2 percent, the Frankfurt Stock Exchange’s DAX index rose 1.6 per cent and the Paris Stock Exchange CAC index rose 1.0 percent.

LikeTweet

No comments:

Post a Comment