Stockholm stock exchange bounces back

The Stockholm stock exchange bounced back on Tuesday morning following its recent slide. Alfa Laval was the biggest winner on the back of a strong quarterly report.

After ten minutes of morning trading, the OMXS index had jumped 1.5 percent to 376.6, while the OMX Nordic 40 was up 1.3 percent. Trading in Stockholm reflected similar positive trends in the US, Asia and the rest of Europe.

Shares in Alfa Laval had risen by 11.5 percent by 9.45am following the release of the company’s quarterly report.