Sweden Index Trading Strategy (OMX30 Futures) — Unveiling with Backtest and Example

Sweden has a vibrant stock market, with many interesting companies like AstraZeneca, Atlas Copco AB, and Ericsson. You can track the performance of the Swedish market with the OMX Stockholm 30 and OMX Stockholm PI indexes.

OMX Stockholm PI is the composite index of the Swedish stock market, consisting of all the shares listed on OMX Nordic Exchange Stockholm. OMX Stockholm 30, on the other hand, is an index of the 30 largest companies on the Swedish stock market. In this article, we provide you with a Sweden OMX 30 trading strategy.

Let’s take a look at the indexes and some of their biggest stocks. At the end of the article, we provide you with a backtest of the index.