Published 7 November 2024 at 07.53
Domestic. One of the losers from Donald Trump's election victory in the US was the Swedish Wallenberg family, whose arms manufacturer Saab retreated by 1.8 percent on Wednesday.
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According to analysts, the loss can be linked to an increased concern for peace in Ukraine due to Trump's victory.
“It is probably a matter of the market pricing in a higher probability of an end to the war in Ukraine in the near term,” writes Henric Hintze, analyst at ABG Sundal Collier, in an email to Dagens Industri.
Donald Trump had an election promise that, if he was elected president, even before he was sworn in, he would arrange peace in Ukraine. He claims to have a ready plan to achieve this.
Fria Tider recently reported that Saab's shareholders have increased very strongly, to 600,000 unique owners, in connection with the fact that more and more middle-class Swedes have seen their chance to become rich from the war.
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