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

Stocks plummet in early trading

Share this article

09:40 CEST+02:00
The Stockholm stock exchange opened with a sharp drop on Monday, while the government announced it was doubling the state's bank deposit guarantee, reflecting the continued anxiety about the health of global financial markets.

Within ten minutes of opening, the benchmark OMXS-index had fallen to 237.0, or 4.4 percent.

Bank stocks were among those with the toughest start to the day, with Nordea shares down 5.9 percent and SEB off 9.0 percent.

Shares in Swedbank were off 8 percent, while stock in Handelsbanken had dropped 5.6 percent in early trading.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

Zagreb: Spend this summer in Croatia's vibrant capital city

Lush green parks throughout the city centre, imposing heritage buildings, real Central European cafe society and Mediterranean style hospitality. Welcome to Zagreb, Croatia's stunning capital!

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement