On Friday morning, European stock exchanges displayed mixed trading trends. While the Euro Stoxx 600 index was down 0.1 percent, London’s FTSE 100 saw a growth of 0.3 percent. In Britain, private consumption growth was unexpectedly up by 0.2 percent in February, defying economists’ predictions of a decrease to 0.1 percent. The previous month had seen a significant increase of 3.2 percent in growth.
Meanwhile, Frankfurt’s DAX remained relatively stable and close to its closing levels from the previous day. Karnell with the ticker symbol KARNEL B was listed on the main list of the Stockholm Stock Exchange on Friday. Karnell is an investment company that holds stakes in Swedish and Finnish technology companies such as Rotomonsupplier, Sähkö-Jokinen, and Authors. The company aimed for a market value of up to SEK 1.3 billion with initial share price estimates ranging from 26 to 30 kroons per share at the time of listing. However, traders were surprised to see that the share price was already trading at nearly SEK 47 kroons per share just hours after its debut on the exchange