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Stockholm Stock Exchange Falls

The Stockholm stock exchange is turning down. At lunchtime, the OMXS index is down 0.4 percent.

» Published: March 10 2025 at 09:25

Stockholm Stock Exchange Falls
Photo: Anders Wiklund/TT

This morning's rise has been erased and the Stockholm Stock Exchange is now declining in line with the development around Europe.

The futures market in New York also indicates a decline at the opening later this afternoon. During the day, among others, the American major bank Morgan Stanley has come out and warned that the New York Stock Exchange may fall another 5 percent during the first half of the year.

Among the companies that are going against the trend on the Stockholm Stock Exchange is the defense group Saab, which continues to rise, with the stock up 1.6 percent today. The clothing company H&M's stock is also strengthening, up 1.3 percent. This follows a rise last week after a period of weak development.

At the bottom of the OMXS30 list is the mining giant Boliden, which is falling 2.6 percent, while the pharmaceutical company Astra Zeneca is down 2.0 percent.

Volvo is falling 1.7 percent after competitor Traton, which includes Scania, reported quarterly figures. Traton, in turn, is declining 3.4 percent.

In the currency market, the dollar is strengthening slightly against the Swedish krona, and one dollar now costs around 10.11 kronor.

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By TTThis article has been altered and translated by Sweden Herald

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