Stockholm Stock Exchange Dips 0.4%
Photo: Stina Stjernkvist/TT

Stockholm Stock Exchange Dips 0.4% Before Closing

The Stockholm stock exchange revolved around zero during a large part of Wednesday. But the hours before closing, the broad OMXS index fell back to minus 0.4 percent.

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The price movements were small among the heavyweights in the OMXS30 index, but the real estate company SBB fell 4.2 percent after the surge the day before. On the other hand, the cloud service company Sinch rose 3.4 percent.

The truck manufacturer Volvo sank 0.4 percent after its German competitor Daimler lowered its profit forecast.

Counted from the turn of the year, the OMXS has now risen 0.9 percent.

On the major European stock exchanges, the trend was negative. The indices in Frankfurt, London, and Paris fell by around a half percent.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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