Stockholm Stock Market Shows Mixed Movements Amid Global Influences in November 2025

The Stockholm stock market has experienced notable fluctuations over recent days influenced by global factors and sector-specific developments. On Thursday, the market closed with gains, buoyed by an unexpectedly strong earnings report from semiconductor giant Nvidia, which positively affected global markets and lifted Stockholm shares like Atlas Copco. Conversely, some stocks such as H&M faced pressure due to a sell recommendation from a major American bank.

However, by Friday morning, the market was expected to turn downward again, following fresh declines in the US markets, reflecting ongoing global uncertainty.

On Friday, the Stockholm Stock Exchange showed signs of partial recovery after an initially rough start. The OMXS index was down 0.5% around 1 PM, improving from an earlier 1.3% drop. Futures on the New York Stock Exchange suggested a flat opening later that day. Persistent concerns over high valuations in AI-related companies have contributed to market volatility, alongside diminished hopes for an interest rate cut from the US Federal Reserve, which traditionally supports market gains.

Among individual stocks, defense firm Saab and mining company Boliden were among the worst performers, falling 3.4% and 2.3% respectively. Notably, H&M launched a share buyback program, typically a positive signal, but its stock hovered around break-even. Meanwhile, Kinnevik’s share rose 2.7% following the announcement of CEO Georgi Ganev’s departure, perceived optimistically by investors. Lundin Gold fell sharply by 6.4% due to insider sales and a declining gold price.

Overall, the Stockholm stock market is navigating a complex environment, marked by oscillations driven by global earnings reports, US market trends, AI sector valuations, and company-specific corporate actions.