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Stockholm Stock Exchange Opens on a Minus

» Updated: Today, 09:44

» Published: Today, 07:52

Stockholm Stock Exchange Opens on a Minus
Photo: Stina Stjernkvist/TT

The Stockholm stock exchange opens on a minus. In the initial trading, the OMXS index falls by 0.2 percent.

Among the major companies, the pharmaceutical company Astra Zeneca rises by 1.5 percent. The clothing giant H&M is also on the plus, up by 1 percent.

The cloud service company Sinch, on the other hand, falls by 2.6 percent. The mining company Boliden also starts on a minus, down by 1.8 percent.

On leading European stock exchanges, there are mostly red figures. The Paris stock exchange falls by 0.2 percent.

In the USA, there were generally happy faces on the stock exchanges yesterday. Donald Trump's own company, Trump Media & Technology Group, surged the day after the presidential election, but fell sharply yesterday, while the Tesla share continued to rise.

Cryptocurrencies have reacted positively to Donald Trump's victory in the election. Bitcoin surged to nearly 77,000 dollars yesterday evening, a new historical record. On Friday morning, bitcoin is trading around just under 76,000 dollars.

The Swedish krona has strengthened against the dollar and costs 10.73 kronor. One euro costs 11.57 kronor.

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By TTThis article has been altered and translated by Sweden Herald

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