Strategist: Nordic stock markets expected to open higher.

date
20/11/2025
The Nordic market is expected to open high, with IG predicting the OMXS30 index to rise by 0.8% to around 2,707 points. SEB strategist Amanda Sundstrom wrote that the US stock market rose on Wednesday, with stock index futures jumping after tech giant Nvidia released an impressive quarterly report after the market closed. Sundstrom said Nvidia's performance exceeded market expectations, with sales and profits better than expected, and CEO Jensen Huang downplayed concerns about an AI bubble. In Asia, boosted by Nvidia's report, the stock market rose significantly, and futures prices suggest that the European market will open high. The US non-farm payrolls data for September will be released today. The OMXS30 index closed at 2,685.84 points, the OMXN40 index closed at 2,322.63 points, and the OBX index closed at 1,501.75 points.