Ericsson weighs on Stockholm Stock Exchange after worse-than-expected report

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Ericsson weighs on Stockholm Stock Exchange after worse-than-expected report
Photo: Lars Schröder/TT

The Stockholm Stock Exchange opened slightly lower today as Ericsson fell just over 4 percent after reporting. The OMXS index is down 0.1 percent.

Ericsson, which delivered a worse-than-expected report, is the worst performer on the OMXS30 index. In the opposite direction, Skanska is up 1.2 percent.

Outside the large-cap list, Byggmax fell 4.7 percent after this morning's interim report showed declining sales. The company attributed this to a cold winter.

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

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