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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.

» Updated: 07 August 2024, 21:52

» 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.

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By TTThis article has been altered and translated by Sweden Herald

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