Saab rises on quiet stock market

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Saab rises on quiet stock market
Photo: Claudio Bresciani/TT

The Stockholm Stock Exchange began the trading week with a cautious rise, but by closing the broad OMXS index had fallen 0.3 percent. Index movements on the leading European exchanges were also small.

In the stock market's heavyweight index OMXS30, the distribution between winners and losers was even.

The best performers were defense group Saab and online casino company Evolution, up 1.8 and 1.2 percent respectively. On the downside, index-heavy H&M dropped the most – the clothing giant lost 1.5 percent.

In Asia, Tokyo's Nikkei 225 index closed up 0.2 percent while Hong Kong's Hang Seng index fell 1.2 percent. In Frankfurt, London and Paris, indices moved only a few tenths of a percent.

There were also small price movements on the foreign exchange market. At the close of trading, one dollar cost 9.42 kronor and one euro 10.94 kronor.

Including Monday's decline, the Stockholm Stock Exchange has now risen 7.6 percent since the turn of the year.

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

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