The Stockholm Stock Exchange continues to slide downwards

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The Stockholm Stock Exchange continues to slide downwards
Photo: Fredrik Sandberg/TT

The Stockholm Stock Exchange continues to decline slightly. At the close on Tuesday, the broad OMXS index was down 0.3 percent.

After a decline of 0.3 percent on Monday, the stock market continued to decline at the same pace. The day was characterized by relatively small price movements around zero.

Among the most traded stocks in the OMXS30 index, defense group Saab and clothing chain H&M pulled up, with price increases of 1.5 and 1.3 percent, respectively.

Game developer Evolution weighed on the stock, down 1.9 percent. Technology trading company Addtech and heat pump manufacturer Nibe both fell 1.1 percent.

Overnight trading on leading Asian stock exchanges has been mixed: down in Shanghai, up in Hong Kong and sideways in Tokyo.

At the close in Stockholm, the major European stock exchanges in Frankfurt and London were up while Paris had fallen.

Wall Street ended Monday down, but after a couple of hours of trading on Tuesday, all three major indexes were up.

The cryptocurrency bitcoin is recovering after falling below $84,000 on Monday. The price is now at $90,441 per bitcoin. This compares with the all-time high of $126,000 in early October.

Since the turn of the year, the Stockholm Stock Exchange has been up 6.5 percent.

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

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