Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Stockholm stock exchange slump continues

Share this article

09:57 CET+01:00
After shedding 3.9. percent on Tuesday, the Stockholm stock exchange continued to drop sharply on Wednesday morning.

Five minutes after the start of trading, the OMXS index had slipped back a further 1.9 percent to 377.7 points, while the OMX Nordic index had fallen by 2.2 percent to 1,2213.8 points.

Tuesday's drop on the OMXS index was the largest recorded for a single day since May of last year.

A similar trend also remained evident in the rest of Europe and Asia. The Tokyo stock exchange had already lost 3 percent of its value earlier on Wednesday morning.

In Shanghai however, where a 9 percent drop on Tuesday precipitated much of the current wobble, the stock exchange began to recover on Wednesday.

Get notified about breaking news on The Local

Share this article

From our sponsors

The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.