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Upward trend on the stock exchange – but weak finish

The Stockholm Stock Exchange started positively on Wednesday and rose as much as 0.8 percent. However, the prices fell back in the afternoon trade and the broad OMXS index closed at a plus of 0.4 percent.

» Published: January 22 2025

Upward trend on the stock exchange – but weak finish
Photo: Stina Stjernkvist/TT

The OMXS30 index, which lists the most traded shares, also ended weakly – after having reached a new record level at lunchtime. The index also closed 0.4 percent up.

The best performer in the OMXS30 was the automation company ABB, up 3.9 percent. The industrial companies Atlas Copco and the measurement technology company Hexagon rose 1.4 and 1.2 percent, respectively.

The worst performer was the real estate company SBB, down 3.5 percent, and the mining company Boliden, down 1.8 percent.

On the leading European stock exchanges, the development was mixed. The DAX index in Frankfurt and the CAC 40 index in Paris rose nearly 1 percent, while the FTSE 100 index in London fell a few tenths of a percent.

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By TTThis article has been altered and translated by Sweden Herald
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