Stock market up as ABB surges

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Stock market up as ABB surges
Photo: Pontus Lundahl/TT

On the OMXS30 list of the most traded stocks, industrial group ABB is surging after this morning's report showed a sharp increase in incoming orders. The share is up 6.1 percent.

Nordea and Handelsbanken also released their quarterly reports this morning. Nordea rises 0.5 percent while Handelsbanken falls 0.7 percent.

Live casino operator Evolution sees a bleak market in Europe and loses 4 percent.

The US stock market closed in the red yesterday. The Dow Jones industrial average, the broad S&P 500 index, and the tech-heavy Nasdaq composite index all fell 0.6 percent. Asian stock markets were mixed overnight.

The price of oil has fallen back slightly. On Wednesday morning, a barrel traded at just over $97.

One dollar costs 9.15 kronor, and one euro costs 10.75 kronor.

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

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