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Hexagon and Lundin Petroleum were big wins after encouraging quarterly reports, but also the big banks were rated on the most. Tele2 has taken the lowest position among large companies.
The OMXS30 stock index rose 0.3% to 1,615.6. The turnover of the Stockholm Stock Exchange amounted to 14 billion SEK.
On the macroeconomic front, several signs indicate a potential slowdown in global economic activity. Japanese and Chinese macroeconomic data were slightly weaker than expected and the Japanese central bank offered an unexpected update of the policy, accompanied by lower long-term interest rates. In the other direction, Bloomberg News information published in the afternoon revealed that US Finance Minister Steve Mnuchin and Chinese Vice Premier Liu He for discussions aimed at
In Stockholm, the Hexagon OMXS30 measurement technology company reached a peak with a 5.4% increase following a report showing surprisingly high organic growth.
SKF, which continued the process of rendering, SEK 8 billion, was also close to the top with a 1.4 percent increase.
Lundin Petroleum, apart from the OMXS30, collected just over 5%. The semi-annual report included, in addition to a quarterly result, slightly higher than expected, a lower cost forecast and optimistic outlook for long-term production.
Among the winners of the day were also several major Swedish banks, which recorded gains of 0.5 to 1%. The sector has been strong across Europe, using a much better quarterly quarterly report than expected from Credit Suisse.
Cyclically sensitive mining companies have become strong throughout Europe since base metals advanced in the footsteps of US / Chinese data. In Stockholm, Lundin Mining increased by 2.5% and Boliden by 1.3%.
On the rise for the third consecutive day for the Mekonomen, which has now risen 25% after the surprisingly strong report last week. For the day, an increase of 5.1 percent was noted.
Even the spin of Autoliv Veoneer had a good day and grew by 6.4%, with an extra boost at the opening of the US stock exchanges.
The weakest Tuesday card among the big companies was Tele2, which lost 2.2%. On the downside, H & M also fell 1.8% after Societe Generale lowered the target price to less than 100, SEK 99 vs. 107.
Active Biotech has raged 37% since the 39; Phase 2 study Legato HD, which evaluated the safety and efficacy of laquinimod in the treatment of Huntington's disease, has not achieved its primary goal.
On the first north, Terranet rushed to 177%. The company has entered into a licensing agreement for the marketing and implementation of an independent network positioning for self-propelled vehicles.
Double Bond Pharmaceutical, listed on the stock exchange, was patented in the United States on the Belogal platform. The share has increased by 78%.
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