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The OMXS30 index closed with a drop of 1.4% to 1.526 and shares of about 7.9 billion were traded on the Stockholm Stock Exchange on Wednesday
Handelsoron. is stepped up after the US presidential administration presented a list of goods worth $ 200 billion on the night of Wednesday, while the country now threatens to import China's import duties from 10 percent. Which, according to China, threatens the entire WTO system
Since China imports little from the United States to respond to the new functions with equivalent countermeasures , she is considering other ways to meet the United States. The impact of the commercial war zone appeared among index companies affected by falling commodity prices on OMXS30, such as Boliden and SSAB, which fell by around 5%.
SKF and Atlas Copco lost between 2% and 3%.
H & M's large owner and president, Stefan Persson, once again strengthened his stake in the apparel industry. Between Friday and Tuesday, he bought 3.4 million shares, which equates to a value of about 480 million. He previously scored for the purchase of 13.25 million shares for just under 2 billion Swedish crowns, after the June quarterly report. Stefan Persson & Family owns approximately 46% of the capital and just 74% of the H & M votes. However, the market share decreased by 1.9%.
Orexo, the specialty pharmaceutical company, increased its net profit by 50.6 million SEK in the second quarter, compared to 15 million in the same quarter of last year. Net sales of Zubsolv in the United States increased by 30% in local currency. Orexo took a joke and rose by 23 percent
However, the slowdown made the market for bike helmet maker Hövding, which publishes a new issue of 74 million Swedish kroner. Hövding has also adjusted its margin target of 20% by 2020 to reach a positive margin in 2020. The share has dropped by 10%
Of the reporting companies, Com has been found to just over 1 % while the real estate company Kungsleden increased by 3%.
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