Stockholm Stock Exchange Opens Strong Following Global Trends

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Stockholm Stock Exchange Opens Strong Following Global Trends
Photo: Johan Hallnäs / TT

The Stockholm stock exchange began Thursday's trading on the plus side and is thus following the general stock market trend.

After a few minutes of trading, the broad OMX index is up 1 percent and the increase is broad.

Among the heavyweights on the OMXS30 index, the industrial group Atlas Copco has taken the lead and is up 4.1 percent. Among the few stocks that are declining, the major banks Swedbank, Handelsbanken, SEB and Nordea are found, which are down just below zero.

Yesterday, it closed up in Stockholm. In the USA, new stock exchange records were set during yesterday evening. The shutdown of the American government apparatus since the politicians have not managed to agree on the budget, does not seem to disturb the stock traders. And ahead of the opening on Wall Street later today, the futures trading indicates rising indices again.

Also during the night's Asian trading, the arrows pointed upwards.

The oil price has fallen sharply in recent days, although a slight smaller increase is noticed in the early morning trading. A barrel of North Sea oil now costs 65.47 dollars.

The krona has strengthened slightly, and costs 9.34 against the dollar and 10.98 against the euro.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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