Stock market opens slightly lower with OMXS down 0.2 percent

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Stock market opens slightly lower with OMXS down 0.2 percent
Photo: Claudio Bresciani/TT

The trend on leading European stock exchanges is mixed, down in London and Paris, but up in Frankfurt.

Ahead of the stock market opening, a number of major companies on the Stockholm Stock Exchange have presented quarterly reports.

Swedbank and SEB fell 1.0 and 0.4 percent respectively after their reports.

However, the quarterly figures from the automotive industry were stronger. Among those reporting, Volvo Cars rose 3.1 percent, while Scania owner Traton rose 2.4 percent.

After the close on Wall Street, a number of tech heavyweights will present quarterly reports. There will also be an interest rate announcement from the US Federal Reserve (Fed) at 8 p.m. tonight.

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

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