Positive development on the stock market

In general, the development on the world’s leading stock exchanges was positive after the recovery that began in 2009. On Nasdaq OMX Nordic, the OMXSPI index rose by 23% during the year.

Trading in Volvo A shares on Nasdaq OMX Nordic increased by 38% compared to 2009 and the share price increased by 89%. At year-end the price for the Volvo A share was SEK 115. The highest price paid was SEK 115.70 on December 30, 2010.

Trading in Volvo B shares on Nasdaq OMX Nordic decreased by 16% compared to 2009. The share price increased by 93% and was SEK 118.50 per share at year-end. The highest price paid was SEK 118.80 on December 30, 2010.

In 2010, a total of 2.5 billion (2.9) Volvo shares were traded in Stockholm, corresponding to a daily average of 9.8 million (11.4). At year-end 2010, Volvo’s market capitalization totaled SEK 238 billion (124).

An increasing portion of the trading in Volvo shares is carried out on alternative exchanges such as Bats Europe, Burgundy and Chi-X.