Stockholm Stock Exchange rose, H&M
Photo: Pontus Lundahl/TT

Stockholm Stock Exchange rose, H&M fell after report

The Stockholm Stock Exchange rose during Thursday trading. But H&M's report was a downer. The oil price has fallen to $72.60 a barrel for North Sea oil, lower than before the Iran war began.

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At the close of the Stockholm Stock Exchange, the broad OMXS index was up 0.9 percent. Among the winners was truck manufacturer Volvo, which rose 3.4 percent. The worst performer among the most-traded shares was live casino operator Evolution, which fell 1.6 percent. Fashion group H&M fell 0.6 percent after a weaker-than-expected quarterly report.

Outside the large-cap list, Castellum rose 3.4 percent after selling properties in Skåne for SEK 13 billion.

In Asia, a recovery was in order after declines on several stock exchanges in recent days.

The krona strengthened slightly against the dollar during the day. One dollar was trading at 9.71 krona.

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