After sharp falls in leading Asian markets, the Stockholm Stock Exchange has followed suit. The OMXS index is down 0.9 percent.
Among the major companies, two that have reported results are seeing strong price movements. Ericsson is up just over 9 percent after beating market expectations. Nordea is faring worse: its shares are down just over 5 percent after this morning’s interim report. Kinnevik, which has also released a quarterly report, is falling sharply, with its shares down 10 percent.
Among other companies, gains are notable in the telecoms sector. Telia is up 3.5 percent, while Tele2 is up 2.7 percent. Both companies traditionally perform strongly during periods of unrest on the stock market.
