The increased tariffs against Canada are being postponed, announced President Donald Trump on Tuesday evening. This caused the US stock exchanges to turn upwards in late Tuesday trading, although the leading indexes ended on a minus.
The Stockholm stock exchange rose as an effect of this. The increase accelerated further during early afternoon trading after new statistics showed a decline in US inflation in February, and slightly more than expected.
At closing, the increase had slowed down somewhat and the broad OMXS index landed at 0.4 percent.
Among the winners were, among others, the online casino company Evolution, up 2.5 percent, and the measurement technology company Hexagon, which increased by 1.7 percent. The investment company Kinnevik also increased by 1.8 percent.
On the other hand, the clothing giant H&M fell, down 3.7 percent. At the bottom were also the telecom equipment manufacturer Ericsson and the air heat pump manufacturer Nibe, down 2.4 percent and 1.8 percent, respectively.
Outside the large-cap list, the retail chain Clas Ohlson plummeted after its quarterly report, with the price down 6.8 percent.
Today's inflation figures for the US also caused the New York stock exchange to open upwards.
The krona has weakened, with one dollar costing 10.06 at the close of trading and the euro noted at 10.98.
