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The new record for the OMXS index ended at 735.6 after an initial increase of 1.4 percent.
The Stockholm Stock Exchange follows the Asian stock markets that rose on Monday. The reason is believed to be the reassuring messages that President Donald Trump’s medical team has given about the president’s health.
When the message about that Trump was ill with Covid-19 and that he was taken to the hospital, US stock prices fell and US stocks closed on Friday with negative figures.
Since then, despite conflicting reports, Trump’s doctors have made statements that are interpreted to mean that the president will soon be released from the hospital.
In stockholm the industrial group Hexpol was one of the winners: half an hour after opening, the share had increased by five percent. Hexpol announced this morning that the expected operating profit for the third quarter would end in the range of SEK 560-590 million, much more than what analysts following the company expected.
Edible fat producer AAK also announced that they expect a third-quarter operating profit that is significantly above expectations this summer. The stock was up 6.6 percent after half an hour of trading.
