SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The Stockholm Stock Exchange Ended in the Minus

After starting Tuesday on the plus side, the Stockholm Stock Exchange turned around and at the close, the broad OMXS index was down 0.5 percent.

» Published: 29 October 2024

The Stockholm Stock Exchange Ended in the Minus
Photo: Erik Simander/TT

Of the large companies on the OMXS30 list, it went best for the cloud service company Sinch, which rose 2.6 percent. Also, the mining group Boliden and the major bank SEB are up, 1.0 and 0.8 percent, respectively.

In the other direction, among others, the gaming company Evolution fell 3.0 percent, the hygiene and health company Essity down 2.3 percent, and the fashion giant H&M, which lost 1.9 percent.

Even leading European stock exchanges started Tuesday on a plus, but had turned to minus by the afternoon – and landed in the red as well.

On US stock exchanges, there were mainly cheerful faces yesterday. In the initial trading on Wall Street, the leading indexes fell slightly.

Right now, the market is anxiously waiting to see how the election in the USA will go next week. According to a survey from Bloomberg, the stock market would benefit more if Donald Trump won than if Kamala Harris took it.

This also applies to bitcoin. The cryptocurrency took a big leap upwards during the night and passed 71,000 dollars – for the first time since June.

One dollar costs 10.66 kronor on Tuesday afternoon, and one euro 11.51 kronor.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Down on Wall Street
1 MIN READ

Down on Wall Street

Billion Fines for American Express
1 MIN READ

Billion Fines for American Express

Adviser: Trump wants to save Tiktok
3 MIN READ

Adviser: Trump wants to save Tiktok

Employers want to stop Israel blockade
1 MIN READ

Employers want to stop Israel blockade

Crisis for Vapiano – Applies for Reconstruction
1 MIN READ

Crisis for Vapiano – Applies for Reconstruction

Lagerhaus Applies for Reconstruction
1 MIN READ

Lagerhaus Applies for Reconstruction

Kristersson wants to act against Chinese online companies
1 MIN READ

Kristersson wants to act against Chinese online companies

Nintendo shows the successor to Switch
1 MIN READ

Nintendo shows the successor to Switch

Unexpectedly weak growth for US retail sales
1 MIN READ

Unexpectedly weak growth for US retail sales

New - smaller model - to boost Polestar
1 MIN READ

New - smaller model - to boost Polestar

New strength signals from the US banking sector
2 MIN READ

New strength signals from the US banking sector

Court Approves Plantagen's Reconstruction
1 MIN READ

Court Approves Plantagen's Reconstruction

Hitachi invests in Piteå – 100 new jobs
1 MIN READ

Hitachi invests in Piteå – 100 new jobs

Increased Probability of Interest Rate Cut
1 MIN READ

Increased Probability of Interest Rate Cut

Mass Layoffs at Oil Giant
1 MIN READ

Mass Layoffs at Oil Giant

Northvolt gets reprieve from US court
2 MIN READ

Northvolt gets reprieve from US court

Proposals for new electricity areas delayed
1 MIN READ

Proposals for new electricity areas delayed

Luxury Rally on European Exchanges
1 MIN READ

Luxury Rally on European Exchanges

Slightly Higher Inflation Expectations
1 MIN READ

Slightly Higher Inflation Expectations

Unexpectedly weak growth in the UK
1 MIN READ

Unexpectedly weak growth in the UK