SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Slight downturn on the Stockholm Stock Exchange

The Stockholm stock exchange pointed weakly downwards during Wednesday's trading.

» Published: 11 December 2024

Slight downturn on the Stockholm Stock Exchange
Photo: Tim Aro/SvD/TT

The Stockholm Stock Exchange's OMXS index fluctuated around zero for most of the day, awaiting inflation figures from the USA. The November statistics were in line with market expectations and had no significant impact on stock prices.

When trading closed on Wednesday evening, the broad OMXS index stood at minus 0.1 percent. At the bottom was clothing giant H&M, which lost 2.0 percent. During the day, Spanish competitor Inditex, with the clothing chain Zara, reported quarterly figures that did not meet expectations.

In the opposite direction, real estate company SBB rose 6.9 percent. Defense group Saab gained 1.9 percent. Appliance giant Electrolux, which has risen sharply recently, continued upward, plus 1.8 percent.

The leading European stock exchanges rose slightly on Wednesday.

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

More news

Technology stocks drive the market on a cheerful New York stock exchange
2 MIN READ

Technology stocks drive the market on a cheerful New York stock exchange

EU updates Mexico agreement
1 MIN READ

EU updates Mexico agreement

Memorial Ceremony for PG Gyllenhammar
1 MIN READ

Memorial Ceremony for PG Gyllenhammar

Investigation expanded against X
1 MIN READ

Investigation expanded against X

Trump waits to enforce Tiktok ban
3 MIN READ

Trump waits to enforce Tiktok ban

Star Chef Tommy Myllymäki Loses Rental Dispute – Forced to Leave
1 MIN READ

Star Chef Tommy Myllymäki Loses Rental Dispute – Forced to Leave

Better than expected for Saab
1 MIN READ

Better than expected for Saab

Better than expected for Saab
1 MIN READ

Better than expected for Saab

Norwegian giant fund seeks next CEO
1 MIN READ

Norwegian giant fund seeks next CEO

Inflation rise in eurozone confirmed
1 MIN READ

Inflation rise in eurozone confirmed

Bankers to build European transfer system
1 MIN READ

Bankers to build European transfer system

Lower prices on gasoline and diesel
1 MIN READ

Lower prices on gasoline and diesel

NCC Rebuilds Oceana After the Fire
1 MIN READ

NCC Rebuilds Oceana After the Fire

Unexpected setback for British Christmas trade
1 MIN READ

Unexpected setback for British Christmas trade

Solid stock market rise in Stockholm
2 MIN READ

Solid stock market rise in Stockholm

You'll find the cheapest food here
2 MIN READ

You'll find the cheapest food here

China reaches growth target after strong final quarter
2 MIN READ

China reaches growth target after strong final quarter

Down in Japan – up in China
1 MIN READ

Down in Japan – up in China

Upward trend for China's economy
1 MIN READ

Upward trend for China's economy

Down on Wall Street
1 MIN READ

Down on Wall Street