Stockholm Stock Exchange falls 0.8%
Photo: Christine Olsson/TT

Stockholm Stock Exchange falls 0.8% as only six OMXS30 stocks rise

The Stockholm Stock Exchange started the trading week lower across the board. The OMXS index closed down 0.8 percent.

Boliden was the biggest faller among the index heavyweights, down 3.5 percent. Only six companies on the OMXS30 large-cap list traded in positive territory.

Trading on Wall Street, however, has started to recover after sharp falls on Friday, when the tech-heavy Nasdaq fell 2.1 percent.

Oil prices have fallen after hitting their highest level since the start of the Iran war late last week. A barrel of North Sea oil (Brent) now costs $108.3.

Later this week, a series of major reports from listed companies is expected. On the Stockholm Stock Exchange, fresh figures from major banks and engineering giants are due. On Wall Street, SpaceX, Tesla and Meta will report.

The Stockholm Stock Exchange's OMXS index rose 1.1 percent on Friday and is up just over 8 percent since the turn of the year.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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