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The Stockholm Stock Exchange Continues Downward

» Updated: Today, 12:20

» Published: Today, 08:20

The Stockholm Stock Exchange Continues Downward
Photo: Stina Stjernkvist/TT

The Stockholm Stock Exchange continues to decline. At lunchtime, the broad OMXS index is down 0.6 percent.

Among the major companies, there are mostly red numbers. Telia is losing 2.5 percent. The measurement technology conglomerate Hexagon is down 2.4 percent, while the defense conglomerate Saab is falling 2 percent.

In contrast, bearing manufacturer SKF is going up, rising 2.6 percent, following this morning's report. Cloud service company Sinch is also rising, up 1.7 percent.

The development on the Stockholm Stock Exchange is similar to that on leading European stock exchanges.

On US stock exchanges, it was mixed on Tuesday. In pre-trading, the futures on Wall Street are pointing down ahead of Wednesday's stock market opening.

One dollar costs 10.66 kronor and one euro 11.54 kronor.

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By TTThis article has been altered and translated by Sweden Herald

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