Stockholm Stock Exchange slips as global worries weigh on market

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Stockholm Stock Exchange slips as global worries weigh on market
Photo: Pontus Lundahl/TT

At the close, the OMXS index was down 0.1 percent after spending the afternoon in the red.

Among the heavyweights in Stockholm, heat pump group Nibe Industrier fell 2.5 percent, while mining group Boliden lost 2 percent.

In the opposite direction was SCA, among others, which finished top of the index with a gain of 2.6 percent.

In the United States, the yield on ten-year government bonds rose to 5.03 percent this morning - the highest level since 2007 - ahead of Wednesday's interest rate announcement from the US central bank, the Federal Reserve (Fed).

The price of oil has edged up, and at 5:30 p.m. North Sea oil cost just under $108 per barrel.

The OMXS index fell 1.0 percent on Monday. Since the beginning of the year, the OMXS index has risen 6.5 percent.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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