The Stockholm stock exchange fell across the board on Tuesday. The broad OMXS index fell by 1.3 per cent.
Among the most traded shares, property company SBB fell by 8 per cent. Appliance manufacturer Electrolux fell by 5.9 per cent, while Stenbeck's power company Kinnevik lost 4.8 per cent.
However, the decline was broad, with 27 of the 30 OMXS30 shares in the red. Industrial heavyweights Atlas Copco and Sandvik fell by 2.6 and 2.4 per cent, respectively.
Debt collection company Intrum – which has already lost more than half its market value this year – fell by 11.6 per cent after a downgraded credit rating by S&P Global, citing new loan terms agreed by Intrum.
The leading stock exchanges in Europe also fell, but not as much as the Stockholm stock exchange.
After a few hours of trading, the trend on Wall Street was mixed. Semiconductor giant Nvidia – one of this year's star performers – plummeted nearly 7 per cent on Monday, but recovered on Tuesday. The share was up over 5 per cent late in the afternoon Swedish time.
The cryptocurrency bitcoin has recovered somewhat in the past 24 hours' trading after last week's price falls and was trading near 62,000 dollars on Tuesday afternoon.
