Muted trading on the Stockholm
Photo: Fredrik Sandberg / TT

Muted trading on the Stockholm Stock Exchange as Volvo rises and Storytel jumps 16%

The Stockholm Stock Exchange remained subdued on Tuesday. At the close, the OMXS index was up 0.4 percent after a marginal late gain.

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After sharp price movements in Asian markets, things were calmer on the Stockholm Stock Exchange.

Among the OMXS30 companies, AB Volvo topped the list after Monday evening's announcement that investment company Industrivärden had purchased shares worth almost half a billion kronor in the company. The stock rose 2.6 percent.

The engineering and mining sector declined at the same time, with Atlas Copco and Epiroc at the bottom with declines of 2.5 percent.

Audiobook company Storytel surged more than 16 percent after Tuesday morning's interim report in which it raised its full-year forecast.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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