Stockholm Stock Exchange rises after Trump's speech

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Stockholm Stock Exchange rises after Trump's speech
Photo: Jonas Ekströmer/TT

The Stockholm Stock Exchange closed higher after reversing an initial decline. The rise was boosted by US President Donald Trump's statement in the afternoon that he was holding "serious discussions" with a "new and more reasonable regime" in Iran.

On the OMXS30 list, live casino operator Evolution took the lead with an increase of 4.1 percent, followed by major bank Swedbank, which in turn rose 2.9 percent.

The forestry group SCA went against the grain with a fall of 1.0 percent. This was linked to the fact that the share was traded without the right to a dividend, which traditionally means a decline in price.

At the same time, the oil price fluctuated around $113 per barrel and has now risen around 87 percent this year.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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