Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

After the downturn – the stock market stalls

The Stockholm stock exchange seemed to be heading for a recovery on Tuesday - but closed unchanged. It went best for SBB and Investor.

Published: 06 August 2024
After the downturn – the stock market stalls
Photo: Anders Wiklund/TT

After a shaky trading day and a green afternoon, the Stockholm Stock Exchange finally ended at zero. The broad OMXS index fell during the last minutes to just over 0.0 percent.

Among the most traded stocks on the OMXS30 list, a majority of companies closed on minus, and the index as a whole fell by 0.3 percent.

The worst performers were game developer Evolution, down 2.2 percent, and appliance manufacturer Electrolux, down 1.8 percent.

The day's winners were real estate company SBB, up 2.3 percent, and investment company Investor, up 1.5 percent. Also, measurement technology conglomerate Hexagon recovered somewhat during the day and ended at 1.0 percent.

Several leading stock exchanges in Europe ended the day slightly above zero. Cryptocurrencies followed the downturn in connection with Monday's sharp stock market fall, but recovered somewhat during the day.

Places
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Northvolt's lenders hire consultant
1 MIN READ

Northvolt's lenders hire consultant

New records on Wall Street after double rate cut
1 MIN READ

New records on Wall Street after double rate cut

Germany plans for stock market listing of Uniper
2 MIN READ

Germany plans for stock market listing of Uniper

Turkish interest rate remains at 50 percent
1 MIN READ

Turkish interest rate remains at 50 percent

British interest rate remains at 5 percent
1 MIN READ

British interest rate remains at 5 percent

Leading chains raise petrol price
1 MIN READ

Leading chains raise petrol price

Snuff Company Celebrates Budget News
1 MIN READ

Snuff Company Celebrates Budget News

New Legal Battle Looming between Apple and EU
1 MIN READ

New Legal Battle Looming between Apple and EU

The Winners: "High-Income Groups"
1 MIN READ

The Winners: "High-Income Groups"

Central Bank Paves the Way for Double Cut from Riksbanken
2 MIN READ

Central Bank Paves the Way for Double Cut from Riksbanken

PRO on the budget: "It's appalling"
2 MIN READ

PRO on the budget: "It's appalling"

The Norwegian Krone Rises After Interest Rate Announcement
1 MIN READ

The Norwegian Krone Rises After Interest Rate Announcement

Damberg: The Budget is a Mockery of Ordinary People
2 MIN READ

Damberg: The Budget is a Mockery of Ordinary People

How Your Economy is Affected by the Budget
2 MIN READ

How Your Economy is Affected by the Budget

Lower Taxes - Most for High-Income Earners
3 MIN READ

Lower Taxes - Most for High-Income Earners

Svantesson's next challenge: Unemployment
2 MIN READ

Svantesson's next challenge: Unemployment

Setback for Electric Car Demand in Europe
2 MIN READ

Setback for Electric Car Demand in Europe

Profit warning from electronics manufacturer
1 MIN READ

Profit warning from electronics manufacturer

Strong stock market upswing following lowered US interest rate
1 MIN READ

Strong stock market upswing following lowered US interest rate

Slow in e-commerce – more choose foreign low-price
1 MIN READ

Slow in e-commerce – more choose foreign low-price