Stockholm Stock Exchange Faces Decline as Futures Point Downward

New price drops are looming on the Stockholm stock exchange on Wednesday, according to futures trading on IG Markets. The same direction is seen in futures trading in Frankfurt and London – while it points upwards in Paris.

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Stockholm Stock Exchange Faces Decline as Futures Point Downward
Photo: Anders Wiklund/TT

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Prior to the stock market opening, a interim report is expected from the online retailer Dustin, covering the period of December-February – a kind of sneak start on the reporting season for the first quarter of the year from the listed companies.

During the night's trading on leading Asian stock exchanges, the trend has otherwise been slightly upward ahead of Wednesday's tariff announcement from US President Donald Trump. The same trend was seen on the stock exchanges on Wall Street on Tuesday.

The Stockholm stock exchange also rose by 1 percent on Tuesday – which put an end to four trading days in a row with falling prices. The OMXS index is thus at an unchanged level compared to the turn of the year.

Market anxiety is widespread ahead of Wednesday, which Trump has dubbed "Liberation Day". Trump has flagged comprehensive tariffs against all countries that he sees as having trade barriers against the US. They will be presented at the White House at 22:00 Swedish time this evening and, according to the Trump administration, will come into effect immediately.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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