Swedish Market Economy

Friday, January 29, 2016

Worst January stock market in a long time – Swedish Dagbladet

Photo: Magnus Hjalmarsson Neideman

Concerns about the Chinese economy, currency instability and oil and commodity prices depressed in the basement. Crisis signals received stock speculators to flee stock markets worldwide. And the battles were heavy with downturns and upturns of 2-3 percent almost daily in January.

With a few hours left of the trading month is the Stockholm Stock Exchange OMXS index of minus 7.6 per cent after a slight recovery at the end of month.

Worse January months here in somewhat the modern era are only found in 2008, minus 12.2 percent, and in 1987, minus 11.9 percent.

very worst among sectoral indices are commodity-related companies joined, among others, Boliden in the lead.

LikeTweet
Cecil at 7:29 AM
Share

No comments:

Post a Comment

‹
›
Home
View web version

About Me

Cecil
View my complete profile
Powered by Blogger.