Stockholm Stock Exchange Declines Amid Mixed Company Results

The Stockholm stock exchange is falling to a minus on the last day of the trading week. At lunchtime, the broad OMXS index is down 0,9 percent.

» Published: July 11 2025 at 07:28

Stockholm Stock Exchange Declines Amid Mixed Company Results
Photo: Claudio Bresciani/TT

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Several companies have this morning submitted interim results. The food company Axfood exceeded expectations and the stock rose during the morning but is trading around zero at lunchtime. The building materials chain Byggmax also reported positive figures and is rising by 4.5 percent.

It is going worse for the housing developer JM which is plummeting 10.2 percent because the interim report shows both declining sales and a significant increase in the number of unsold homes.

Among the heavyweights on the OMXS30 index, all are falling except for the live casino company Evolution which is up 0.5 percent.

The leading exchanges in Europe are falling just like the Stockholm stock exchange. London's FTSE 100 is down 0.5 percent, French CAC 40 and German DAX index are at minus 1 percent.

Wall Street is also falling in pre-trading after President Donald Trump's threat tonight of tariffs of 35 percent on goods from Canada. On Thursday, however, the US stock exchange defied the global tariff frenzy. All leading indices rose and both S&P 500 and Nasdaq reached new record levels.

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