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The Stock Exchange Started the Trading Week Upwards

The Stockholm stock exchange kicked off the trading week by closing on a plus. At the close, the broad OMXS index landed at a plus of 1.2 percent.

» Published: 28 October 2024

The Stock Exchange Started the Trading Week Upwards
Photo: Anders Wiklund/TT

Among the stock exchange's heavyweights, the cloud service company Sinch performed best and rose 6.3 percent. The investment company Kinnevik remained up 4.9 percent and the measurement technology conglomerate Hexagon increased 3.0 percent.

It went worse for the forest company SCA, which lost 2.4 percent. The fashion giant Hennes & Mauritz fell back 1.4 percent and the gaming company Evolution was down 0.3 percent.

The development on the leading stock exchanges in Europe is in line with Stockholm – Paris performed best, up 0.9 percent.

The US stock exchanges ended last week somewhat mixed. In the initial trading, prices are rising.

The oil price is falling after Israel's attack on Iran over the weekend. On Monday, a barrel of North Sea oil, Brent, is trading for around 72 dollars. American WTI oil is trading for just under 68 dollars.

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By TTThis article has been altered and translated by Sweden Herald

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