Drag horse on OMXS30 is the telecom company Ericsson which surges 9 percent at the stock market opening. In the morning, the telecom giant reported a strong profit increase and indicated that they will raise the dividend next year. Also Telia and Tele2 rise 0.5 percent each.
At the bottom of OMXS30 is Boliden which declines 2.8 percent.
In Asia, it is mostly declines during the morning but the Seoul stock exchange goes against the trend and rises after the electronics giant Samsung announced that they expect to significantly increase the profit during the third quarter.
Later today, the American major banks Wells Fargo, Citigroup, Goldman Sachs and JP Morgan will report.
