The stock market starts the week on a positive note

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The stock market starts the week on a positive note
Photo: Johan Hallnäs / TT

The Stockholm Stock Exchange starts the week with rising prices. At lunchtime, the broad OMXS index is up 0.4 percent.

Last Friday, it was mostly negative, both in Europe and the US. During overnight Asian trading, the leading indices fell, with Tokyo and Hong Kong both falling 1.3 percent.

However, Stockholm is turning up, in line with the larger European stock exchanges. Among the heavyweights on the OMXS30 index, the private equity firm EQT tops the list, up just over 2 percent, while Saab falls the most at the other end, down 1.5 percent.

Among the slightly smaller companies, Truecaller is down 22 percent since the company flagged falling advertising revenue this morning.

In the US, futures trading is pointing up ahead of the opening on Wall Street later this afternoon.

The krona weakens slightly and is trading at 9.29 against the dollar, while one euro costs 10.91.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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