Sharply Up on the stock exchange – Västerbotten Courier

Economy. Stockholm Stock Exchange ended the trading week with rising sharply. Even in the leading European stock exchanges was the mood on top.

When closing had OMXS index gained 2.1 percent to 490.2.

The rally was broad – only Fingerprint Cards went against stream and pulled 3.7 percent.

on Thursday afternoon, the ECB cut investors’ mood with the announcement that it not likely to be more interest rate cuts, and the vague wording of some of the incentives the bank just presented. But the day after was the uncertainty blown away.

The banking and mining stocks acted as a locomotive. On the Stockholm Stock Exchange rose Boliden most of the big companies, 6.3 percent. Copper prices have risen again and Boliden has also been raised target price by some brokerages, reports Reuters.

Swedbank was another winner, up 4.7 percent.

Cristina Stenbeck relinquishes Chairmanship Kinnevik to Tom Boardman to focus more on finding new investments. Shares rose 2.8 percent.

FTSE index lifted 1.7 percent, the Frankfurt Stock Exchange’s DAX index gained 3.5 percent and the Paris Stock Exchange’s CAC index rose 3.3 percent.

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