Market Update

Telia Co AB’s stock price has declined on the Frankfurt Stock Exchange, following a broader downturn in the European market. The decline was triggered by a combination of factors, including the US President’s announcement of higher tariffs on several trading partners and a weaker-than-expected US job report.

Market Indices

• The OMXS30 index, which tracks the Swedish stock market, fell by 1.8% on the day.
• The decline in the telecommunications sector was led by Astra Zeneca, which dropped 3.2%.

Sector Impact

• The pharmaceutical sector was also negatively impacted by the US President’s demands for lower prices in the US market.
• Other pharmaceutical companies experienced significant declines in their stock prices.

Telia Co AB Stock Price

• The exact magnitude of Telia Co AB’s stock price decline is not specified.