OMXS30 closes 1.7 percent lower as ABB drags
Published on 10/20/2026 at 19:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIndustrial stocks and dates
- OMXS30 closed at 3,213 points on October 20, down 54 points or 1.7 percent.
- ABB shares fell 4.9 percent after quarterly results despite orders rising 40 percent.
- AstraZeneca led OMXS30 gainers, rising 1.9 percent.
- Handelsbanken publishes its third-quarter report at 7:00 a.m. CEST on October 21.
OMXS30 closed at 3,213 points on October 20, losing 54 points or 1.7 percent. ABB's quarterly results weighed on the index, despite a sharp increase in orders.
ABB fell 4.9 percent after reporting orders up 40 percent, while operating EBITA and revenue were close to forecasts. Tele2 rose after its quarterly report, which showed record equity-free cash flow of SEK 2.3 billion.
Why did OMXS30 fall as ABB reported strong orders?
ABB reported third-quarter revenue of USD 9,701 million and operational EBITA of USD 2,026 million. Orders reached USD 12,055 million, 5.5 percent above the consensus estimate, but the stock fell as investors focused on results that were broadly in line with expectations, ABB reported.
Industrials, basic materials and financials were the weakest sectors, according to Reuters via Investing.com. The broader Stockholm market had 387 declining stocks, 325 advancers and 74 unchanged shares.
Winners and losers in OMXS30 on October 20
The following closing movers were listed by Reuters via Investing.com:
- AstraZeneca up 1.9 percent
- Ericsson up 1.7 percent
- Tele2 up 1.5 percent after its quarterly results
- ABB down 4.9 percent after its quarterly results
- Atlas Copco down 2.9 percent
- Alfa Laval down 2.3 percent
Oil and Wall Street shaped the backdrop
Brent crude fell 1.1 percent to USD 108.38, while gold declined 0.2 percent to USD 4,150.82. EUR/SEK rose 0.1 percent and USD/SEK fell 0.1 percent, according to Reuters via Investing.com.
At 11:45 a.m. ET, the Dow Jones Industrial Average was up 518 points, or 1.0 percent. The S&P 500 was up 0.4 percent and the Nasdaq Composite was up 0.2 percent, AP reported.
What comes next for OMXS30
- October 21, 2026, 7:00 a.m. CEST: Handelsbanken publishes its third-quarter report; analysts expect operating profit of SEK 7,369 million, Handelsbanken said.
- October 21, 2026, 7:30 a.m. CEST: SKF is scheduled to publish its third-quarter results, according to the Reuters earnings diary.
- October 21, 2026, 9:00 a.m. CEST: Nasdaq Stockholm begins regular trading.
OMXS30 price data for October 20, 2026
OMXS30 closed at 3,213 points on October 20, down 54 points or 1.7 percent versus the October 19 close of 3,268 points, according to Nasdaq. The index opened at an unreported level and traded between 3,248 points and 3,213 points.
OMXS30 by the numbers on October 20, 2026
- Index: OMXS30
- Home exchange: Nasdaq Stockholm, Sweden
- Close on October 20, 2026: 3,213 points
- Change versus previous close of October 19, 2026: down 54 points (down 1.7 percent)
- Previous close: 3,268 points
- Day high / day low: 3,248 points / 3,213 points
- Top gainer: AstraZeneca up 1.9 percent
- Top loser: ABB down 4.9 percent
- Next scheduled event: October 21, 2026, 7:00 a.m. CEST: Handelsbanken third-quarter report
