Chief strategist: It speaks for the Stockholm Stock Exchange

Uncertainty has characterized the first half of the year on the stock market. Don’t expect more clarity when the reporting season begins. However, there is one factor that speaks in favor of the Stockholm Stock Exchange, according to Mattias Isaksson, chief strategist at Swedbank.

High summer and vacation times. However, an intense period awaits the companies on the Stockholm Stock Exchange. Over just over two weeks, most of the major companies will report their results for the second quarter, with Ericsson first among the big names (July 15).

The three months that will now be reported have included customs chaos, geopolitical unrest and continued question marks over the economy. Despite this, the Stockholm Stock Exchange’s OMXS index has risen by around 6 percent in the last quarter, which is somewhat surprising, points out Mattias Isaksson.