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STOCK EXCHANGE

Stockholm stock trading delayed again

The Stockholm stock exchange finally opened for trading at 2:30pm on Tuesday, the second day in a row trading has been delayed by a technical problem.

Published: 3 June 2008 08:49 CEST
Stockholm stock trading delayed again

“It’s the same log-in problem as yesterday, we’ve been working hard to fix it, but we will come back with more information,” said Nasdaq OMX spokesperson Carl Norell to the TT news agency.

Trading on the exchange was delayed by 40 minutes on Monday due to an update to the Saxess trading system which resulted in customers being unable to access the system.

“It takes a long time for members to log in. We’re working frenetically to solve the problem,” said Norell.

Monday’s glitch also affected trading in Helsinki, Copenhagen, and Oslo. Tuesday’s problems have affected exchanges in Olso, Copenhagen, Reykjavik, and the Baltic states.

FINANCE

Stockholm stock exchange suffers worst day of 2018

The Stockholm stock exchange plunged by 2.8 percent on Thursday, making it the worst trading day of 2018.

Published: 6 December 2018 22:30 CET
Stockholm stock exchange suffers worst day of 2018
File photo: Stina Stjernkvist/TT
Stock markets across Europe suffered for the third day in a row as the arrest of a top Huawei executive in Canada has raised the spectre of an all-out trade war between the US and China.
 
For the Stockholm Stock Exchange, it meant a blood-red trading day that ended as the worst of the year thus far. The OMXS Stockholm 30 index fell by a combined 2.8 percent.
 
The majority of the companies on the index lost value, with the exception of Ericsson, which seemed to benefit from the news about its Chinese competitor Huawei with a 1.8 percent increase. Airline SAS also saw its stock increase, rising 4.2 percent thanks to sharp declines in oil prices. 
 
Among Thursday’s biggest losers was the mining company Boliden, which suffered a 6.1 percent drop. The stock of the Stockholm-based tech company Hexagon fell 5.6 percent.
 
Meanwhile, the stock of Swedish auto safety equipment manufactor Autoliv fell 6.1 percent on the news that it expects to pay some 1.8 billion kronor in fines as a result of an European Commission investigation into anti-competitive behavior in the EU. 
 
Stockholm was far the only European bourse to have a gloomy Thursday. The CAC index in Paris fell 3.3 percent, the DAX index in Frankfurt dropped 3.5 percent and the London Stock Exchange's FTSE index decreased by 3.2 percent.
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