Internationella Engelska Skolan i Sverige Holdings II AB (ENG) Declines -0.33% on Feb 7

Shares of Internationella Engelska Skolan i Sverige Holdings II AB (STO:publ) last traded at 60.6, representing a move of -0.33%, or -0.2 per share, on volume of 6,463 shares. After opening the trading day at 61, shares of Internationella Engelska Skolan i Sverige Holdings II AB traded in a close range. Internationella Engelska Skolan i Sverige Holdings II AB currently has a total float of 40.05M shares and on average sees 14,201 shares exchange hands each day. The stock now has a 52-week low of 59.6 and high of 83.8.

Getting To Know The OMXS30

Sweden is a uniquely powerful economy in Europe just like Germany, France, and other thriving European economies. Its rich equity market is a proof of its excellent corporate governance that every investor is looking for when it comes to foreign investments. They are looking for Internationella Engelska Skolan i Sverige Holdings II AB to check its reliability.

The Swedish Equity Market

The Stockholm Stock Exchange, commonly known as Nasdaq Stockholm, is the main stock exchange in Sweden situated in Frihamnen, Stockholm. Internationella Engelska Skolan i Sverige Holdings II AB is one of the NASDAQ most active participants. It is operated by Nasdaq Nordiq, a 13-year-old subsidiary of Nasdaq, Inc.

Nasdaq Nordiq was established in 2003 for the primary purpose of overseeing the stock exchanges in Nordic countries. Aside from the Nasdaq Stockholm, it also operates the Tallinn Stock Exchange, commonly known as Nasdaq Baltic; the Riga Stock Exchange, commonly known as Nasdaq Baltic; the Iceland Stock Exchange, commonly known as Nasdaq Iceland; the Helsinki Stock Exchange, commonly known as Nasdaq Helsinki; the Copenhagen Stock Exchange, commonly known as Nasdaq Copenhagen; and the Armenia Stock Exchange, commonly known as Nasdaq OMX Armenia.

The Nasdaq Stockholm has been present since 1863, making it one of the oldest European stock exchanges. It has only adopted electronic trading on June 1, 1990. Prior to this, floor trading had happened at the Stockholm Stock Exchange Building.

The regular session on the Nasdaq Stockholm commences from 9:00 a.m. until 5:00 p.m. every business day. That is the time for Internationella Engelska Skolan i Sverige Holdings II AB to count its gain.

The OMX Stockholm 30 Index (OMXS30) is the market-capitalization-weighted index that monitors the 30 most active stocks on the Nasdaq Stockholm. Numerous sectors make up the OMXS30; and the top three largest sectors are Industrials, Financials, and Consumer Services. Being the benchmark index in Sweden, it is a crucial indicator of the Swedish economy.

The OMXS30 is rebalanced twice a year, ensuring a strong indication of how well the Swedish equity market is. As such, some components may be dropped to give way to other companies that are more competitive. Several factors such as liquidity, market capitalization, and industry representation play major role in a stock’s inclusion to the OMXS30.

By the Numbers

As of the end of the first quarter of 2016, the Nasdaq Stockholm has a market capitalization of nearly $1.30 trillion with over 300 stocks listed on it.

Meanwhile, the OMXS30 holds an all-time low of 98.86 points, which was last seen in November 1987. Sweden is one of the many countries that had suffered from Black Monday, a remarkable global equity market meltdown in history that began with the sinking of stocks on the Stock Exchange of Hong Kong (HK).

Gradually, the Swedish economy was able to overcome all other challenges through the years. In April 2015, the OMXS30 had reached an all-time high of 1,719.93 points.

The Nasdaq Stockholm is one of the most valuable and most competitive stock exchanges in Europe. Because of an attractive borrowing environment in European Union (EU) countries such as Sweden, many investors are flocking the Swedish equity market. There is no better way to take advantage of these growth opportunities than to invest in European stocks such as those listed on the Nasdaq Stockholm. And look for Internationella Engelska Skolan i Sverige Holdings II AB advantages.

More notable recent Internationella Engelska Skolan i Sverige Holdings II AB (STO:publ) news were published by: Globenewswire.com which released: “Acarix (FN STO: ACARIX) today announced that the board of directors has appointed Per Persson to Chief Executive Officer – GlobeNewswire” on November 13, 2018, also Businesswire.com with their article: “Internationella Engelska Skolan: Acquisition of 50% of Grupo Educativo Elians Complete – Business Wire” published on November 10, 2016, Theguardian.com published: “The 100 best novels written in English: the full list – The Guardian” on August 17, 2015. More interesting news about Internationella Engelska Skolan i Sverige Holdings II AB (STO:publ) were released by: Economictimes.Indiatimes.com and their article: “ICRA downgrades Jet Airways’ long-term bonds, NCDs – Economic Times” published on May 29, 2018 as well as Globenewswire.com‘s news article titled: “PledPharma prepares for listing on the Nasdaq Stockholm main market during 2019 – GlobeNewswire” with publication date: December 05, 2018.

Internationella Engelska Skolan i Sverige Holdings II AB engages in the education business. The company has market cap of $2.43 billion. The firm operates schools from grade one of compulsory school to the third year of upper secondary school. It has a 23.71 P/E ratio. It operates a network of 34 schools in Sweden and 3 schools in Spain.

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