The Stockholm stock market begins the trading day with falling prices. In the initial trading, the OMXS index is down 0.7 percent with the majority of large companies on minus.
The decline follows a sharp fall on Wall Street last night, partly due to a lukewarm interest in buying newly issued American government bonds. The US government debt and rising interest rates have been in the spotlight lately.
Among individual companies on the Stockholm stock market, a sharp fall for Embracer after this morning's interim report is notable. The company is plummeting over 11 percent. The forestry giant Stora Enso is moving in the opposite direction and is rising over 5 percent on the news that the company is selling parts of its Swedish forest assets.
This also lifts sector colleagues such as SCA and Holmen, both of which are rising. An increase of almost 5 percent puts it in the lead on the OMXS30 index.
