Stockholm falls like other stock exchanges

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Stockholm falls like other stock exchanges
Photo: Fredrik Sandberg/TT

The Stockholm Stock Exchange continues the week in the red. The broad OMXS index fell 0.3 percent, in line with stock exchanges around the world.

On the OMXS30 list of the most traded stocks, engineering company SKF, which fell 3 percent, was the second-worst performer after a sell signal from major US bank Goldman Sachs.

Pharmaceutical company AstraZeneca fell 3.7 percent.

At the top of the index is clothing giant H&M, up 1.1 percent.

Pulp manufacturer Rottneros fell 15 percent after a profit warning.

US President Donald Trump is threatening import tariffs on European goods if he does not get his way regarding Greenland and his so-called peace council, and the EU is rumbling about countermeasures.

The stock exchanges in Frankfurt, London and Paris are also falling - as is New York.

Government bond yields are rising around the world.

The US dollar is weakening; one US dollar now costs 9.12 Swedish kronor.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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