Stockholm Stock Exchange Opens Slightly Higher Ahead of Rate Decision

The Stockholm stock exchange opens with a weak upturn ahead of today's interest rate decision from the Swedish Central Bank. Right at the stock exchange opening, OMXS rises 0.2 percent.

» Published: June 18 2025 at 07:30

Stockholm Stock Exchange Opens Slightly Higher Ahead of Rate Decision
Photo: Claudio Bresciani/TT

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On the large company list OMXS30, H&M rises 1.5 percent after the company received a buy stamp from Handelsbanken. At the bottom of the large company index is Astra Zeneca, which falls back 1.8 percent.

Out in Europe, the stock exchanges are mostly pointing downwards again after a gloomy stock market day yesterday on Wall Street. The major bank SEB writes in its morning letter that today's interest rate decision from the Swedish Central Bank and the American Fed is overshadowed by the escalation in the Middle East.

Half an hour after the stock market opening, the Swedish Central Bank comes with its interest rate decision. It is expected that the central bank will implement a seventh reduction since May last year and then lower by 25 points to 2.00 percent.

Later this evening, the USA's central bank, the Federal Reserve, will also come with its interest rate decision. It is expected to leave the interest rate unchanged again. Ahead of today's double interest rate decisions and in the wake of the geopolitical unrest, the US dollar is strengthened against several other currencies. One dollar now costs 9.53 Swedish kronor.

The concern that the hostilities between Israel and Iran will expand has contributed to pushing up the oil price. The price of the so-called brent oil has risen to over 76 dollars per barrel.

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By TTTranslated and adapted by Sweden Herald
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