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Stockholm shares lower midday on profit taking


Published :
Sun, 14 Oct 2007 20:53
By : Agencies
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STOCKHOLM (Thomson Financial) - Shares were lower in midday trade on profit taking prompted by US dollar weakness, and signs that Wall Street's negative session overnight will be followed by a downbeat start on the Nasdaq later today.

At 12.45 pm, the OMX Stockholm index was down 1.25 pct at 402.73 points, while the OMX Stockholm 30 index was 1.28 pct lower at 1,251.43. Turnover was 8.383 bln skr.

Among leading shares traded, Ericsson B was down 0.75 pct at 26.32 skr, Volvo B down 2.54 pct at 124.50, SKF B down 2.08 pct at 141.50, Electrolux B down 2.45 pct at 149.25, and Nordea down 1.25 pct at 110.80.

TFN.Stockholm@thomson.com

sjr/slj

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




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