Stockholm Stock Exchange falls, OMXS down 0.5 percent

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Stockholm Stock Exchange falls, OMXS down 0.5 percent
Photo: Tomas Oneborg/SvD/TT

The biggest fall is seen in SCA, down 2.7 percent; however, this is linked to the stock trading ex-dividend, which traditionally means a decline in price. Among other decliners, Handelsbanken is notable, down 1.9 percent, and Saab, down 1.8 percent.

Going against the tide are mainly companies that usually hold up when the stock market falls, such as Essity, which is up 0.4 percent.

The initial decline follows losses on major Asian exchanges, including Tokyo. However, futures trading on the New York Stock Exchange is indicating an opening around zero after Friday's decline.

At the same time, the oil price is hovering around $115 per barrel and has risen about 90 percent this year.

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

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