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Stock Market Around Zero – SBB Plummets

» Updated: Today, 11:31

» Published: Today, 08:01

Stock Market Around Zero – SBB Plummets
Photo: Anders Wiklund/TT

The Stockholm stock exchange's broad index is trading around zero at 11.30.

Sinch and ABB are topping the OMXS30 index with 1.6 and 1.2 percent respectively. In contrast, the real estate company SBB is plummeting by 9 percent. The plunge comes after bondholders in a letter to the company on Thursday evening demanded repayment, reports Dagens industri.

In China, the stock exchanges were upbeat on Friday following reports of meetings in the Chinese leadership about stimulating consumption. The Hong Kong stock exchange rose by 0.3 percent. The Tokyo stock exchange fell.

Wall Street has a half-day after being closed on Thursday. The futures are pointing downwards.

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By TTThis article has been altered and translated by Sweden Herald

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