OMXH

OMXH refers to the OMX Stockholm 30 Index, a capitalization-weighted stock market index representing the 30 most traded stocks on the Nasdaq Stockholm stock exchange. It is considered a benchmark for the Swedish stock market. The index is maintained by Nasdaq Stockholm and is rebalanced semi-annually, in January and July, to ensure it reflects the current market conditions.

The constituent companies of the OMXH are selected based on their free float market capitalization and trading volume. This means that larger companies with more shares available for public trading and higher trading activity are more likely to be included. The index performance is influenced by the economic health of Sweden and global economic trends, as the companies listed are often multinational corporations.

Investors and analysts use the OMXH to track the performance of the Swedish equity market and to benchmark investment portfolios. Changes in the index can indicate shifts in investor sentiment and the overall economic outlook for Sweden. Its components span various sectors, providing a broad representation of the Swedish economy.