Shares of Svenska Cellulosa Aktiebolaget SCA (STO:publ) last traded at 81.74, representing a move of 0.05%, or 0.04 per share, on volume of 2.01 million shares. After opening the trading day at 81.8, shares of Svenska Cellulosa Aktiebolaget SCA traded in a close range. Svenska Cellulosa Aktiebolaget SCA currently has a total float of 711.33M shares and on average sees 3.05M shares exchange hands each day. The stock now has a 52-week low of 66.62 and high of 109.15.

OMXS30: Attesting To Sweden’s Glory

Many European countries are acknowledged for their respective contributions to the global economy given their extensive dominance. One of these European prides includes Sweden, a truly influential nation especially among Nordic countries. The chances to get to its market are low, but Svenska Cellulosa Aktiebolaget SCA made it.

Sweden boasts with countless growth opportunities for domestic and international investors alike, which is why it has a healthy trade and commerce landscape backed by a reasonable borrowing environment. Moreover, its compelling corporate governance also attracts more and more investors through time, and strengthens their confidence in the national economy. Svenska Cellulosa Aktiebolaget SCA receives attention of new investors from across the world.

Nasdaq Stockholm

The Nasdaq Stockholm, which is a part of the Nasdaq Nordic, is the main stock exchange in Sweden that is based in Frihamnen, Stockholm. It had been established in 1863, adopting a floor trading system at the Stockholm Stock Exchange Building. On June 1, 1990, an electronic trading system had finally been introduced.

Presently, the Nasdaq Stockholm is owned by Nasdaq, Inc. along with other stock exchanges in Nordic countries including the Armenia Stock Exchange or Nasdaq OMX Armenia; Copenhagen Stock Exchange or Nasdaq Copenhagen; the Helsinki Stock Exchange or Nasdaq Helsinki; the Iceland Stock Exchange or Nasdaq Iceland; the Riga Stock Exchange or Nasdaq Baltic; and the Tallinn Stock Exchange or Nasdaq Baltic.

The regular trading on the Nasdaq Stockholm lasts for eight hours, beginning at 9:00 a.m. and ending at 5:00 p.m. Currently, it has a total market capitalization of roughly $1.30 trillion with more than 300 companies listed on the Nasdaq Stockholm. Inside this list is Svenska Cellulosa Aktiebolaget SCA.

OMXS30

The OMXS30 is the benchmark Swedish index that weighs the 30 biggest companies listed on the Nasdaq Stockholm based on market capitalization.

The components are reviewed twice a year in order to make sure that the OMXS30 provides a meaningful representation of the Swedish equity market. Regular index rebalancing is a typical activity among indices that do not weigh all companies listed on their respective stock exchanges. Companies are regularly dropped from and added to these indices depending on several factors such as industry representation, liquidity, among others.

The base value of the OMXS30 is 125 points and the base date is September 1986. Numerous sectors comprise the OMXS30; and the top 3 largest sectors include Consumer Services, Financials, and Industrials.

The OMXS30 had reached its all-time low of 98.96 points in November 1987; and its all-time high of 1,719.93 points in April 2015. The remarkable decline in 1987 had been mainly driven by Black Monday, a dark day in the history of global economy that had started in Hong Kong. From there, the OMXS30 had managed to grow gradually as the Swedish economy recouped, leading to its all-time high record. Companies like Svenska Cellulosa Aktiebolaget SCA received the benefits of investors attention after that.

There is no reason to doubt the rampant growth of the European economy with the powerful stability of countries such as Sweden. Many investors are considering entering the European equity market because of this. It goes without saying that investing on Nasdaq Stockholm stocks is one of the best ways to penetrate a booming economy and bet on its further growth.

More notable recent Svenska Cellulosa Aktiebolaget SCA (STO:publ) news were published by: Businesswire.com which released: “SCA´s Acquisition of Wausau Paper Corp. Has Been Closed – Business Wire” on January 21, 2016, also Businesswire.com with their article: “SCA: Christoph Michalski Appointed CEO of Vinda – Business Wire” published on September 06, 2015, published: “SoftBank Selects Nomura, Goldman Sachs to Lead IPO – Yahoo Finance” on October 12, 2018. More interesting news about Svenska Cellulosa Aktiebolaget SCA (STO:publ) were released by: and their article: “Wall Street would love a 25% corporate rate but it’s a long way off: NYSE trader – Yahoo Finance” published on September 25, 2017 as well as ‘s news article titled: “Silicon Valley has harsh words about immigration policy – Yahoo Finance” with publication date: June 20, 2018.

Svenska Cellulosa Aktiebolaget SCA , a hygiene and forest products company, develops, produces, and markets personal care products, tissues, and forest products worldwide. The company has market cap of $58.14 billion. The firm offers personal care products, such as incontinence care products under the TENA name; baby diapers and other baby care products under the Libero, Drypers, and Peque??in, as well as Baby Sens, Baby Star, BabyFral, BioCare Baby Plus, DryBaby, DryKids, Hey Baby!, Komili Bebe, Libero-Peaudouce, Pliss?? Beb??, Sealer, and Tessy babies brand names; and feminine towels, liners, tampons, and other feminine care products under the Libresse, Saba, Nosotras, Bodyform, Calipso, Donnasept, Komili, Libresse Lifestyle, Nana, Nuvenia, pam, and Rozi brand names. It has a 15.69 P/E ratio. It also provides toilet tissue, kitchen rolls, handkerchiefs, and paper napkins under the Edet, Famiia, Plenty, Regio, Tempo, Velvet, Zewa, and Lotus brand names, as well as Cosy, Cushelle, Danke, Deeko, Favorita, Feh, Flen, Lady, Lovly, Magiklin, Nevax Opci??n Verde, Orchid, Top, Vinda, Viti, Okay, Demak-up, Colhogar, and Delica brand names.