Continued declines on the Stockholm Stock Exchange as OMXS opens down 0.9 percent

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Continued declines on the Stockholm Stock Exchange as OMXS opens down 0.9 percent
Photo: Pontus Lundahl/TT

The Stockholm Stock Exchange continues the week in the red. At the opening of trading, the OMXS is down 0.9 percent.

On the large-cap index OMXS30, SKF is at the bottom, down 2.6 percent after a sell signal from major American bank Goldman Sachs. At the top of the index are Epiroc and Lifco, which see slight gains while 25 of the 30 large companies on the index are down.

Pulp manufacturer Rottneros falls 22 percent after last night's profit warning.

US President Donald Trump is threatening 200 percent tariffs on French wines and champagne if French President Emmanuel Macron does not join his so-called peace council that will govern Gaza after the war.

Asian stock markets mostly continued to decline overnight. In the US, futures are pointing down ahead of the stock markets reopening after the long weekend. The US dollar continues to weaken against several other currencies, with one dollar costing 9.19 Swedish kronor this morning.

This week the World Economic Forum is taking place in Davos.

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

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