Stockholm Stock Exchange Sees Modest Gains as OMXS Index Rises 0.2%

The Stockholm stock exchange continued to rise weakly on Tuesday, as did leading exchanges in Europe. The broad OMXS index rose 0.2 percent.

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Stockholm Stock Exchange Sees Modest Gains as OMXS Index Rises 0.2%
Photo: Claudio Bresciani/TT

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Best in the large-cap index OMXS30 were the cloud service company Sinch and the pharmaceutical giant Astra Zeneca, up 1.8 and 1.7 percent, respectively. The bearing manufacturer SKF rose 1.6 percent.

On the downside were the truck and bus manufacturer Volvo, which fell 0.9 percent. The appliance giant Electrolux declined 0.7 percent.

On the currency market, the krona weakened against both the dollar and the euro. One dollar cost 9.62 kronor at the close of the exchange, and one euro 10.91 kronor.

The Stockholm Stock Exchange's OMXS index, which rose 1.5 percent on Monday, is now unchanged from the turn of the year.

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

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