Stock Market Falls - Decline for Clas Ohlson

The Stockholm Stock Exchange fell slightly on the week's last trading day, and closed at minus 0.2 percent. Among the losers are Nordea and Clas Ohlson.

» Updated: September 13 2024

» Published: July 05 2024

Stock Market Falls - Decline for Clas Ohlson
Photo: Fredrik Sandberg/TT

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The Stockholm Stock Exchange fell slightly on the week's last trading day, and closed at minus 0.2 percent.

Among the losers are Nordea and Clas Ohlson.

It pointed upwards for a long time for the broad OMXS index, which ended on a weak minus. Among the major companies, Nordea was one of the day's big losers, with a decline of 2.0 percent.

The major bank is being prosecuted in Denmark for having breached Danish money laundering regulations by allowing suspected transactions of at least 25 billion Danish kronor from 2012-2015.

During the day, the retail chain Clas Ohlson has also reported sales statistics for June. The stock fell by as much as 9.2 percent.

It went better for the real estate company SBB, which rose by 4.9 percent.

Friday has been in a minor key even in Europe. Among other things, the London Stock Exchange fell, while the German Dax has held around zero.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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