The Stockholm Stock Exchange opens cautiously. After a few minutes of trading, the broad OMXS index is hovering around the zero line.
Among the heavyweights, ABB is surging, up 6 percent, after the industrial group released its financial statements, including an increased dividend. Several major banks also reported results, generally with increased dividends, in Swedbank's case an exceptionally high one. But SEB's report was poorly received, with the share down 4.5 percent.
Telia's report wasn't much better either, judging by the price reaction, with its shares down 4 percent.
Yesterday evening, US stock markets closed slightly higher. After the close, Tesla, Meta and Microsoft released quarterly reports, with the first two sending their shares higher in after-hours trading. Ahead of the opening on Wall Street this afternoon, Nasdaq futures are picking up.
