Stock markets around the world have clearly risen in recent times and the Stockholm stock exchange is no exception. But the upward trend reached the end of the road with Tuesday's loss.
The stock exchange was weighed down primarily by the course of development of the index-heavy AB Volvo, the share fell 2.2 percent, and clothing giant H&M, down 2.3 percent.
On Monday, President Donald Trump announced that the USA is expanding truck tariffs from November 1. AB Volvo has, however, been seen as a winner thanks to local production in the USA. At the same time, Nordea is now lowering the target price for the share and believes in a reduced extra dividend in connection with the year-end report.
Volvo's competitor, Scania's parent company Traton, fell at the same time by 3.5 percent.
Other major companies in the red were the online casino operator Evolution and the defense group Saab, with declines of 2.1 and 1.9 percent, respectively.
In the opposite direction, Skanska went primarily after Jefferies raised its recommendation to buy. The prospects in the construction and property sector are considered good. The share rose 6.7 percent.
The retail chain Clas Ohlson has released sales figures for September, which showed an increase of 9 percent compared to the previous year. The share rose 2.6 percent.
Developments on the leading European stock exchanges were sideways.
