Stock market clearly down despite
Photo: Claudio Bresciani/TT

Stock market clearly down despite reports of talks

The Stockholm Stock Exchange had a disappointing end to the trading week when the broad OMXS index lost 1 percent.

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On the OMXS30 list of the most-traded stocks, the trend was mostly downward. AB Volvo went against the flow after releasing its quarterly report this morning, showing higher order intake. The stock ended up 1.5 percent higher.

Telia also climbed, by 1 percent.

Home appliance giant Electrolux plummeted and ended down approximately 25 percent after announcing a new share issue of SEK 9 billion on Thursday.

Oil prices fell back slightly after reports from Pakistan that new talks between the US and Iran may be underway. A barrel of North Sea oil was around $107 earlier on Friday, then fell slightly, but rose again to about $106 a barrel at 5:30 p.m.

Like in Stockholm, there was a relatively gloomy stock market mood in most parts of Europe on Friday.

One euro costs 10.82 kronor while one dollar costs 9.23 kronor.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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