Last Updated on April 26, 2022 by Rational thinking
The complete list of Swedish ADRs
Sweden’s economy is quite developed and an export-focused economy supported by hydropower, timber, and iron ore. The primary sectors involve pharmaceuticals, industrial machines, motor vehicles, precision equipment, telecommunications, chemical goods, forestry, steel, home goods and appliances, and steel. Sweden is also establishing itself in mine, pulp industries, engineering, and steel which are known to be highly competitive globally as clearly observed in companies like Alfa, AGA, Ericsson, Laval, etc. Sweden is an industrial powerhouse, in spite of being just above 10 million people.
Sweden has many entrepreneurs and family-businesses with skin in the game. As a group, family businesses have performed well all over the world. Please check out our portfolio page, we have a family-business portfolio:
Known to be a very liberal and competitive market, Sweden’s major enterprises are owned privately and market-oriented with a keen welfare state. It ranks second highest in total tax revenue as a part of the country’s income, right behind Denmark.
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- The complete list of Nordic ADRs
American Depositary Receipts (ADRs) is a bank-issued testament in the US that permits financial specialists to purchase stock in worldwide organizations. Speculators don’t need to experience the problem of exchanging unfamiliar cash or worry about trading monetary forms over the forex market.
ADRs being named in US dollars add to the accommodation of the financial specialists.
The protections are checked through the U.S. settlement system as they are estimated and exchanged dollars. Additionally, benefits are shared among speculators and global firms, ADRs are proficient methods for pulling in the American capital and financial specialists bother free.
Below is the list of the Swedish ADRs:
|1||Calliditas Therapeutics AB||CALT|
|2||Telefonaktiebolaget LM Ericsson||ERIC|
|5||Atlas Copco – A Shares||ATLKY|
|6||Atlas Copco – B Shares||ATLCY|
|15||Com Hem Holding AB||CMHMY|
|16||Cyber Security 1 AB||CYBNY|
|26||H&M Hennes & Mauritz||HNNMY|
|31||Holmen AB – B Share||HLHLY|
|52||Skandinaviska Enskilda Banken||SKVKY|
|56||Svenkst Stal AB-SSAB||SSAAY|
|57||Svenska Cellulosa Aktiebolaget-SCA||SVCBY|