All shares on the OMX30 index are trading in the red, with Sinch and Kinnevik backing down the most
In Asia, all major stock exchanges are retreating. The Tokyo Stock Exchange’s Topix index closed at 0.7 percent. The Hong Kong stock exchange is down 1.2 percent and the Shanghai stock exchange retreats 0.8 percent.
The investment bank China Renaissance plummets by around 30 percent on the Hong Kong stock exchange. That since the company’s chairman and CEO Bao Fan disappeared. The company writes in a press release that they have not been able to get in touch with him for two days.
The stock markets in New York also retreated. The market is worried that the central bank will once again introduce higher interest rate increases in the future. This is partly because producer prices rose more than expected and after a series of statements from Fed members.