Stockholm Stock Exchange Opens Lower Amid US Government Shutdown

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Stockholm Stock Exchange Opens Lower Amid US Government Shutdown
Photo: Fredrik Sandberg / TT

The Stockholm stock exchange opens slightly down in the wake of large parts of the US state apparatus being shut down. In the initial trading, the OMXS index is down 0.3 percent.

The development is in line with how it looks on the leading European stock exchanges, even the futures trading in New York points downwards.

On the Stockholm Stock Exchange's OMXS index, the pharmaceutical giant Astra Zeneca takes the lead with an increase of 3.0 percent. During yesterday, the sector colleague Pfizer was clearly lifted on the New York stock exchange after an agreement with the Trump administration to lower the prices of medicines.

In the opposite direction, above all, the venture capital company EQT is moving, which falls by 1.6 percent. During the morning, the ski resort company Skistar has released its annual report, and the company proposes, among other things, an increased dividend to shareholders. The share does not move significantly on the report.

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