Wednesday, May 4, 2016

Weaker dollar pushes exchanges – Eskilstuna Courier


 
 
 
 Stockholm Stock Exchange fell sharply on Tuesday, as well as other European exchanges. The greatly weakened dollar haunting.
 

When closing OMXS index had fallen 1.0 percent. The decline was broad-based, 26 of the major companies on the index landed on red. Fingerprint Cards rose the most, up the entire 5.8 percent.

Boliden rose by 0.7 percent since the quarterly report proved stronger than analysts had expected.

Lundin Petroleum landed on unchanged since the oil company bought on more oil fields in the North Sea in a barter with Statoil, who are paid in newly issued shares, thereby increasing its ownership from 12 to 20 percent of the shares in Lundin.

the investigation of a suspected record billion bribe in connection with Telia stores in Azerbaijan closed down, notify the prosecutor. Shares fell 1.0 percent.

The worst among heavyweights joined the engineering company SSAB and SKF, which fell by 4.8 and 3.2 percent.

The dollar continues to weaken and the cost in the afternoon 7:97 crowns. A weaker dollar is squeezing profits of export companies, dealing in dollars.

London’s FTSE 100 index fell 0.9 percent, the Paris CAC 40 index fell 1.6 percent, while Frankfurt’s DAX index dropped 1, 9 percent.

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