Stockholm Stock Exchange Closes Unchanged Amid US-China Trade Talk Anticipation

The Stockholm Stock Exchange retreated slightly on Tuesday and the broad OMXS-index closed unchanged.

» Published: June 10 2025 at 09:09

Stockholm Stock Exchange Closes Unchanged Amid US-China Trade Talk Anticipation
Photo: Fredrik Sandberg/TT

Share this article

In anticipation of new announcements regarding trade talks between the US and China, market movements were small across Europe, including for the Stockholm Stock Exchange.

Additionally, there is an anticipation of new inflation figures for the US side, which will be presented on Wednesday.

On the Stockholm Stock Exchange, the white goods giant Electrolux took the lead with a rise of 3.3 percent, followed by the heat pump manufacturer Nibe, which rose 2.9 percent.

The defense company Saab continued to fall sharply, now by 9.5 percent, after the large bank SEB in an updated analysis lowered its recommendation for the stock.

The vehicle manufacturer Volvo rose simultaneously 1.9 percent. In the morning, the company announced a billion-dollar investment regarding production of trenchers linked to the company's construction operations.

Among the smaller companies, the manufacturer of radiation therapy systems Elekta has cancelled orders worth 4.9 billion kronor. This caused the stock to fall 4.9 percent.

The retail chain Rusta announced that the current CEO will leave his post next year, the stock fell 6.1 percent.

On the foreign exchange market, the US dollar has been relatively unchanged throughout the day and now costs 9.60 kronor, while a euro is at 10.97.

On the larger European stock exchanges, it's a different story. At closing in Stockholm, Frankfurt was minus, while London and Paris had risen.

Loading related articles...

Tags

TTT
By TTTranslated and adapted by Sweden Herald
Loading related posts...