Stockholm Stocks Rebound with Global Markets as Key Shares Rise

The Stockholm stock exchange is licking its wounds after four consecutive trading days of falling prices ahead of the next round of tariffs from the Trump administration. The OMXS index has risen 0.8 percent by lunchtime, in line with leading European stock exchanges.

» Published: April 01 2025

Stockholm Stocks Rebound with Global Markets as Key Shares Rise
Photo: Anders Wiklund/TT

Share this article

Among the most traded stocks in the OMXS30 index, the defense group Saab and the clothing chain H&M are rising by 2.5 and 2.2 percent, respectively.

The cloud service company Sinch is also rising, up by 3.4 percent.

Prior to Tuesday's trading start, Skanska has announced that the construction company has received an order worth 4.5 billion kronor in New Jersey, USA. The order concerns the demolition of an existing swing bridge and the construction of a new so-called lift bridge. Skanska's share is rising by 1.5 percent.

During the night's trading in Asia, there were moderate increases following the sharp declines on Monday, when, among other things, the Tokyo Stock Exchange fell by 4 percent.

On Wall Street, the S&P500 index turned upwards in Monday's closing trade and closed at plus 0.6 percent. In futures trading ahead of Tuesday's stock market opening, leading indices are hovering around the zero line.

The gold price has reached new historic record levels near 3,150 dollars per ounce (31.1 grams) ahead of the Trump administration's next tariff announcement, which is expected on Wednesday evening Swedish time. Gold is a common refuge for investors in times of turmoil – but the price is also affected by central banks around the world increasing their gold reserves.

The Stockholm Stock Exchange fell by 1.7 percent on Monday. With Tuesday's increase, the OMXS index has fallen by 0.1 percent since the turn of the year.

Tags

Author

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

More news

Nestlé CEO Laurent Freixe Fired Over Secret Romance with Subordinate
1 MIN READ

Nestlé CEO Laurent Freixe Fired Over Secret Romance with Subordinate

Revolut Employees to Sell Shares Amid $75 Billion Valuation
1 MIN READ

Revolut Employees to Sell Shares Amid $75 Billion Valuation

Scania to Cut 750 Jobs in Sweden Amid Organizational Restructuring
2 MIN READ

Scania to Cut 750 Jobs in Sweden Amid Organizational Restructuring

AP7 Increases Investments in Controversial Myanmar-Linked Firms
1 MIN READ

AP7 Increases Investments in Controversial Myanmar-Linked Firms

Government Proposes Tax Brake to Prevent Municipal Tax Hikes
2 MIN READ

Government Proposes Tax Brake to Prevent Municipal Tax Hikes

Krona Hits Strongest Level Against Dollar Since Spring 2022
1 MIN READ

Krona Hits Strongest Level Against Dollar Since Spring 2022

How Greece Recovered from a Decade of Debt Crisis
2 MIN READ

How Greece Recovered from a Decade of Debt Crisis

Greece Offers Tax Incentives to Attract Returning Workforce
3 MIN READ

Greece Offers Tax Incentives to Attract Returning Workforce

Sweden's Unemployment Rate Third Highest in EU
1 MIN READ

Sweden's Unemployment Rate Third Highest in EU

Eurozone Industry Sees Growth in August with PMI at 50.7
1 MIN READ

Eurozone Industry Sees Growth in August with PMI at 50.7

Stockholm Stock Exchange Sees Slight September Uptick
1 MIN READ

Stockholm Stock Exchange Sees Slight September Uptick

Tesla's Decline in Swedish Market Persists as Volvo Leads
1 MIN READ

Tesla's Decline in Swedish Market Persists as Volvo Leads

Swedish Industry Temperature Rises in August with PMI at 55.3
1 MIN READ

Swedish Industry Temperature Rises in August with PMI at 55.3

Higher Electricity Prices Expected During Peak Usage Times
1 MIN READ

Higher Electricity Prices Expected During Peak Usage Times

Nelly Sues Shein for Image Theft in Stockholm Court
3 MIN READ

Nelly Sues Shein for Image Theft in Stockholm Court

Alibaba Stock Surges Nearly 19 Percent on Cloud Service Sales Boost
1 MIN READ

Alibaba Stock Surges Nearly 19 Percent on Cloud Service Sales Boost

Russian Oil Companies Face Profit Decline Amid Lower Prices and Stronger Ruble
2 MIN READ

Russian Oil Companies Face Profit Decline Amid Lower Prices and Stronger Ruble

AI in Recruitment: Potential Legal and Financial Risks for Companies
1 MIN READ

AI in Recruitment: Potential Legal and Financial Risks for Companies

HR Managers Overwhelmed by AI-Generated Job Applications
2 MIN READ

HR Managers Overwhelmed by AI-Generated Job Applications

Germany Achieves Gas Storage Goal Two Months Early
2 MIN READ

Germany Achieves Gas Storage Goal Two Months Early