Stockholm Stock Exchange Barely Moves as US Election Result Has Little Impact

Wall Street futures point to a slight decline after the Democrats' election success, particularly in the tech sector.

The Stockholm Stock Exchange's OMXS30 index, which is dominated by engineering and banking stocks, is up slightly, by 0.1 percent.

The four major banks are leading the way ahead of the Swedish Central Bank's interest rate announcement. SEB is up 1.1 percent, while Nordea is up 0.9 percent. Handelsbanken and Swedbank are also up.

H&M is moving in the opposite direction, down 2.6 percent as its shares trade without the right to a semi-annual dividend. Kitchen manufacturer Nobia is among the day's biggest losers, plunging 17 percent after its interim report this morning.