Stockholm Stock Exchange rose and the crown was strengthened on Wednesday. Fewer American jobs than expected gave the stock market an extra boost. The broad OMXS-index rose 0.8 percent.
Prices got an extra push during the afternoon trading after the US job figures showed weaker than expected. This opens the door for earlier interest rate cuts in the US, which in turn strengthened the crown slightly against the dollar.
The stock market rise was broad, almost all heavyweights are on the plus side. Good went, among others, truck manufacturer Volvo, which rose 2.6 percent, after strong order statistics in the US.
Real estate company SBB increased 5.7 percent, while investment company Kinnevik rose 3.2 percent.
Volvo Cars released monthly figures that showed a 13 percent increase in sales in May, the stock closed 2.5 percent higher.
The real winner was real estate company Oscar Properties, which after an agreement with lenders now looks set to avoid bankruptcy. The stock rose over 300 percent to 37 öre.
Another winner of the day was the Clas Ohlson chain, plus 8.7 percent, after a stronger quarterly report than expected.
Medical equipment company Elekta got a slap in the face from speculators after its quarterly report, the stock fell 18 percent.
Even the leading European stock exchanges rose. The stock exchanges in Frankfurt and Paris rose to the same level as Stockholm, while the London stock market's rise was slightly less.
The crown weakened a few öre against the dollar during the morning, but strengthened again after the US statistics and cost 10.42 at 17:30.
