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Wobbly start for the Stockholm Stock Exchange


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Wednesday, 24 August 2011
Investors trading on the Stockholm Stock Exchange shook off both a Wall Street that closed strong and European futures, and started operation in the market on a positive out look.
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But if something was learnt from the market in the pas two trading says, it was that the exuberance in initial trading is extremely high but at the close much grounds is almost lost.

This simply explains that though traders start with a positive out look, the uncertainty that is imbedded in them make it that by the end of the day any little doubt will means that the market looses what it has initially gained.
But on Tuesday, instead, the start has been a nervous one. By 13 hours Swedish time the OMX 30 index had wobbled to 0.01 percent at 905.77 .
Details will follow later in the day…
By Scancomark.se Team


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