Large takeover on the Stockholm Stock Exchange – Economy



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At the close of trading, the OMXS index had risen 1.0%. 26 of the 30 shares on OMXS30 have increased.

Workshop shares rose, while bank stocks slowed their development, as German police voiced resentment over Deutsche Bank for suspicion of money laundering.

The Erasa jet company, initially, fell after an unexpected gain in the second quarter of last year. However, in the afternoon, the share has recovered and increased by 4.5%.

The Stendörren real estate company's share has grown by 2.5% since the company's bid committee recommended owners to say no to a multi-billion-dollar deal from EQT Real Estate.

Among large firms, gains for Hexagon and Sandvik increased 2.9 and 3.5%, respectively. Among the few losers, some gain in Tele2 was noted after the recent rally, the stock fell 0.3%.

Jay Powell, head of the US Federal Reserve, said the key rate was now "just below" a neutral level – many investors understand that there is not as much of interest rate tightening in the United States as planned.

The FTSE index of the London Stock Exchange rose 0.5%, the Frankfurt DAX index remained unchanged and the CAC index of the Paris Stock Exchange rose 0.5%.

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