The stock market is falling - Electrolux plunges 20% after SEK 9 billion share issue

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The stock market is falling - Electrolux plunges 20% after SEK 9 billion share issue
Photo: Claudio Bresciani/TT

On the OMXS30 list of the most traded stocks, the trend is mostly downward. Going against the flow is AB Volvo, which released its quarterly report this morning showing increased order intake. The stock is up 1.6 percent.

Home appliance giant Electrolux plummeted 20 percent after announcing a new share issue of SEK 9 billion on Thursday.

Stock markets in Asia were mostly down overnight. The New York Stock Exchange also fell yesterday.

The oil price is fluctuating a bit; a barrel of North Sea oil costs just over $105 on Friday morning.

One US dollar is worth 9.26 kronor, while one euro is worth 10.82 kronor.

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

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