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Calm opening on the Stockholm Stock Exchange

Published: Today 08:06
Calm opening on the Stockholm Stock Exchange
Photo: Stina Stjernkvist/TT

The Stockholm Stock Exchange opens the new trading week with small movements. After about ten minutes of trading, the broad OMX index has fallen by a marginal 0.1 percent.

Among the stock exchange heavyweights, the winners are roughly equal in number to the losers. The mining company Boliden is doing the best, up 1.3 percent. At the other end, truck giant Volvo is falling by 0.6 percent.

During the night's Asian trading, the Tokyo Stock Exchange plummeted by nearly five percent, partly due to a stronger yen, but also due to the news that the Japanese ruling party has chosen Shigeru Ishiba as its new leader, which did not please stock speculators. Elsewhere, there was a significant rise in Hong Kong, up 3.5 percent, and even more in Shanghai, up 8 percent, a continued boost from the economic stimulus measures from the Communist Party.

On Friday, the US stock exchanges closed somewhat mixed. Ahead of the afternoon opening, futures trading indicates a slight decline in prices.

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

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