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By Reuters Staff 1 Min Read STOCKHOLM, Feb 19 (Reuters) - Shares of Swedish consumer research firm Cint jumped nearly 30% on its debut on Nasdaq Stockholm on Friday, signaling the market for initial public offerings remains strong ahead of upcoming listings later in the year. Shares rose to 92.50 crowns in early trading, above the offering price of 72 crowns. The listing, one of the biggest in Sweden in recent years, took Cint’s market valuation to more than 1 billion euros ($1.21 billion) on the day of the listing. Cint, which provides digital survey-based research and insights to customer...

Kinnevik’s stake of 54 million shares represents 21% of total shares outstanding in Zalando. Shares in the German online fashion giant fell 6.2% in Wednesday’s early trade, while Kinnevik dropped 3.0%. Kinnevik’s shares have surged more than 200% from lows in March, with many of its holdings seeing rapid growth in the midst of the pandemic, helped by the portfolio’s focus on digital businesses. The proposal to distribute Zalando will be submitted at Kinnevik’s annual shareholder meeting on April 29, and is expected to be finalized during the second quarter. “The investment in Zala...

Sweden, which has spurned a lockdown throughout the pandemic, registered 3,834 new coronavirus cases on Friday, Health Agency statistics showed.

Swedish Match reported slightly lower than forecast quarterly operating earnings on Wednesday, and said it expected continued rapid growth of the nicotine pouches market in 2021.

Sweden extended distance learning for high school students and told public employees to continue to work from home, renewing measures to limit the spread of the coronavirus pandemic despite signs that infections are beginning to slow.