Stockholm Stock Exchange’s gloomy streak continues

Stockholm Stock Exchange’s gloomy streak continues

Stock market clock at the Stockholm Stock Exchange. Archive image. – Photo: Fredrik Sandberg/TT

The Stockholm Stock Exchange’s gloomy streak is about to continue and ahead of the stock market opening, the Stockholm Stock Exchange looks set to fall for the seventh day in a row according to trading on IG Markets.

The Swedish krona also continues to take a beating and one euro now costs just over SEK 11.95. Among company news during the morning, it is noticeable that the engineering giant Atlas Copco has bought an Australian company that manufactures pumps for use in, among other things, the mining industry. No price tag for the purchase has been reported.

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