Stockholm Stock Exchange Set to Open Lower After US Tech Sell-Off
Photo: Christine Olsson/TT

Stockholm Stock Exchange Falls After AI-Fueled Market Turmoil

The Stockholm Stock Exchange fell after the market turmoil of the past 24 hours. The OMXS index closed 0.8 percent lower on Friday.

The decline was broad, with 28 of the 30 largest companies closing in the red. Heat pump maker Nibe was the worst performer, down 2.4 percent. Clothing giant H&M also fell sharply, losing 1.9 percent.

Skanska and Epiroc bucked the trend, rising 2.1 and 0.5 percent, respectively.

The sour market mood followed Thursday's stock market crash in the US - the worst since April 2025.

The Stockholm Stock Exchange fell after the OMXS index briefly reached a record high on Thursday.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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