Stockholm Stock Exchange opens lower as H&M falls 2.5 percent

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Stockholm Stock Exchange opens lower as H&M falls 2.5 percent
Photo: Claudio Bresciani/TT

The OMXS30 index is mostly in the red. Defence group Saab is down 2.7 percent. Clothing giant H&M is also down 2.5 percent. The company presented its interim report this morning.

Moving against the trend is Tele2, up 0.4 percent. Telia is up 0.1 percent.

On the major stock exchanges in Asia, trading has pointed in different directions overnight, while US stock exchanges closed in the red on Wednesday.

The price of oil has moved higher, and on Thursday morning a barrel of North Sea Brent crude cost close to $104.

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

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