After the fall – the Stockholm Stock Exchange turns around

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After the fall – the Stockholm Stock Exchange turns around
Photo: Stina Stjernkvist/TT

After yesterday's sharp drop, the Stockholm Stock Exchange is slightly up in early trading on Wednesday. Tonight, Nvidia will release its quarterly report, which will likely set the stock market agenda.

The Stockholm Stock Exchange, like the major European exchanges, opens slightly higher. After about five minutes of trading, the broad OMXS index has risen by 0.2 percent after yesterday's fall of over two percent. Among the winning stocks is truck giant Volvo, up 2 percent. Otherwise, the movements are generally small among the stock exchange's heavyweights.

What has worried stock markets around the world in recent days are warnings of an AI bubble, and ahead of the world's most valued company, AI giant Nvidia, releasing its quarterly report this evening, there has been nervousness on the stock markets.

US stock markets fell slightly, around one percent, yesterday evening. Ahead of the opening on Wall Street this afternoon, futures trading points to a slight rise in the index.

During overnight Asian trading, movements were generally quite small.

The krona is trading at stable levels, 9.47 against the dollar and 10.97 for one euro.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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