Negative opening for pending stock exchange

The broad OMXS index retreats 0.4 at the start of the trading day. The OMXS30 index of the 30 most traded stocks opens at minus 0.5.

White goods manufacturer Electrolux and car safety group Autoliv go against the trend and rise by 0.5 and 0.4 percent respectively.

The mining company Boliden, which yesterday was forced to stop its production at Rönnskärsverken in Skelleftehamn after a fire, opens down 7.3 percent.

Boliden announced that the company’s operating profit for the second quarter, which will be presented on July 20, will be negatively affected by around SEK 700 million after the fire.

The leading European stock exchanges open slightly higher, with Frankfurt in the lead. Everyone is waiting with tense anticipation for tonight’s heavy interest rate announcement from the American central bank, the Federal Reserve, at 20:00 Swedish time.

Several analysts predict that the Fed will take a break from raising interest rates at today’s meeting, after having raised the interest rate ten meetings in a row.

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