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Stockholm Stock Exchange Falls

The Stockholm stock exchange opened Thursday's trading slightly up, but by lunch the trend had turned and the OMX index was down 1.1 percent.

» Published: March 06 2025 at 07:16

Stockholm Stock Exchange Falls
Photo: Anders Wiklund/TT

The decline is broad and on the large-cap list, both banks and industrial companies are falling.

The strongest performer is the white goods giant Electrolux, which is up 2.1 percent. Bearing manufacturer SKF is up 1.9 percent and heat pump manufacturer Nibe is rising 1.7 percent.

Things are going worse for measurement technology company Hexagon, which is down 3.2 percent. Industrial company Atlas Copco is down 2.8 percent and property company SBB is down 2.5 percent.

Even the leading stock exchanges in Europe have started to fall after initially rising in early trading. The exception is the Frankfurt Stock Exchange's DAX index, which is still slightly up.

On Thursday morning, preliminary statistics from the Statistics Sweden (SCB) showed that inflation according to the KPIF measure rose unexpectedly, to 2.9 percent in February.

The krona strengthened slightly after the news. One euro now costs 10.90, the first time in two years below 11 kronor, while the dollar is at 10.10.

Ahead of the opening on Wall Street later today, futures trading indicates an opening on the downside after closing clearly positive on Wednesday.

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By TTThis article has been altered and translated by Sweden Herald
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