Stockholm Stock Exchange Ends Day Unchanged Amid Market Fluctuations

Published:

Stockholm Stock Exchange Ends Day Unchanged Amid Market Fluctuations
Photo: Claudio Bresciani/TT

The Stockholm stock exchange started Wednesday on the plus side but at lunchtime the trend turned downward to the red zone to finally close sideways. The online casino company Evolution plummeted after allegations of illegality.

On the large company list OMXS30, the pharmaceutical company Astra Zeneca took the lead and rose 3.3 percent. Right behind was the clothing giant H&M, up 2.5 percent, and the tissue paper company Essity, plus 1.2 percent.

The online casino developer Evolution plummeted 8.5 percent after allegations of deliberately delivering casino games to countries where gaming is prohibited or under American sanctions, reports Bloomberg.

At the bottom of the large company list was also the defense company Saab, down 0.8 percent, and the industrial conglomerate Lifco, minus 0.8 percent.

Developments on the leading European stock exchanges pointed upwards.

After a few hours of trading on Wednesday, Wall Street continues yesterday's gains. The Dow Jones industrial index and the S&P 500 index are up around 0.8 percent and 0.2 percent, respectively, while the Nasdaq composite index rises 0.1 percent.

A dollar costs 9.54 kronor at the close of the stock exchange. A euro costs 11.18 kronor.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...