Stockholm stock market closes in
Photo: Pontus Lundahl/TT

Stockholm stock market closes in the red - continued war fever

The Stockholm Stock Exchange had a tough start to the week. At the close, the OMXS index fell 0.8 percent. There is great uncertainty about new peace talks between the US and Iran, despite reports that Tehran has offered to open the Strait of Hormuz.

Among the heavyweights in the OMXS30 index, mining group Boliden suffered the most, ended down 3.3 percent. Telia also had a hard time, losing 2.9 percent.

The OMXS30 index fell 1 percent on Friday and is up 2.7 percent since the turn of the year.

European markets were also weak on Monday, with London, Paris and Frankfurt closing in the red.

Oil prices were hovering around $109 per barrel at 5:30 p.m., the highest level in over two weeks.

Later this week, a number of reports will come from the tech giants on Wall Street.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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