Stockholm Stock Exchange Drops Amid US Market Decline

The Stockholm Stock Exchange opened initially with small movements, but then fell rapidly, in the wake of the US stock exchanges' sharp decline during yesterday evening.

» Published: April 22 2025 at 07:25

Stockholm Stock Exchange Drops Amid US Market Decline
Photo: Oscar Olsson/TT

After about ten minutes of trading, the Stockholm Stock Exchange's broad index has fallen by 0.8 percent. Among the losers are industrial companies such as ABB and Atlas Copco. Going against the trend is the mining company Boliden and the clothing giant H&M.

The day before the Easter weekend, the Stockholm Stock Exchange closed on a minus. Since then, the European Central Bank has lowered the interest rate and the US stock exchanges have clearly declined.

During the night's Asian trading, the movements were generally small.

Before the opening on Wall Street later today, the futures trading points to a clear recovery.

The krona has strengthened significantly, since the dollar lost further on Monday. One dollar costs 9.53 in the morning, while the euro is quoted at 10.96.

The gold price is noting new record prices. One ounce cost around 3,470 dollars in the morning, plus 32 percent since the turn of the year.

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By TTTranslated and adapted by Sweden Herald
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