Stockholm Stock Exchange Sees Slight Gains Amid Global Market Trends

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Stockholm Stock Exchange Sees Slight Gains Amid Global Market Trends
Photo: Stina Stjernkvist/TT

The Stockholm stock exchange started the day weakly downward. At lunchtime, it had changed into a marginal increase which then increased slightly further in the afternoon trade.

Movements were generally small. The broad OMXS index had risen 0,4 percent at closing.

Among the heavyweights, the heat pump manufacturer Nibe continued to climb, plus 2,3 percent. Telecom equipment manufacturer Ericsson increased 2 percent. At the other end, the online casino company Evolution is noted, down 3,7 percent and Nordea, minus 1,9 percent.

In Europe, London and Frankfurt have traded in line with Stockholm, Paris has hovered around zero. In the USA, Wall Street's three leading indexes have fallen in early trading.

On Monday, the stock players pointed upwards overall, in both Europe and the USA. This despite some concern that politicians in the USA will not manage to agree on the state budget, with the risk of shutdown of the state apparatus as a result.

The oil price has continued to be pressed due to signals of an increased supply on the world market. A barrel of North Sea oil now costs around 66 dollars.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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