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After an optimistic start Wednesday, Stockholmsbörsen turned around to go back to the lowest at lunch. With this, the Stockholm Stock Exchange has followed the trend of European stock markets, excluding the London Stock Exchange traded on less.
Among the big companies raised several industry clues with SSAB in the leading position while the banking sector that recovered on Tuesday was down on Wednesday.
At 1 pm, the OMXS30 index of the Stockholm Stock Exchange was 0.1% to 1.497. Shares worth SEK 4.8 billion were then traded on the Stockholm Stock Exchange.
DENYThe business barometer is slightly weaker than expected according to the SME Direkts forecast survey. The manufacturing industry, however, spared the indicator of a significant decline.
"Only the manufacturing industry is at the top level, the other indicators are based on their historical average and the households below, so we have a rather fragmented image," said Maria Billstam, head of the business barometer, Direkt news agency.
SSAB overcame OMXS30 index with an increase of 2.1%. The company has conveyed a positive message on market developments, said Kepler Cheuvreux.
Clearly on more was also noted Hexagon and SKFlike the Volvo truck manufacturer.
In contrast to the large-scale index, all major banks were enumerated, but all after yesterday's rise in the sector. Nordea with a decline of 1.4 percent of the lowest stock on the OMXS30, closely accompanied by the automotive safety company Autoliv which dropped by 1.1 percent.
Several major US automakers on Tuesday supported US trade since President Donald Trump strongly criticized GM for its decision to close several US plants.
Outside the abandoned OMSX30 Stora Enso 2.3% after announcing in the morning that the company is issuing a provisional notice of 500 employees at the Oulu plant in Finland, referring to the decline in demand for coated fine paper.
Retailer Dustin, who received a recommendation to buy Kepler Cheuvreux, began to monitor the company at the target price of 100 SEK. The stock rose by nearly 8% at 12:30.
Real estate developer Oscar Properties also noted a sharp increase of 7.6%. Kepler Cheuvreux writes in an update analysis that the title is little valued compared to the actions of colleagues in the sector. Despite lower earnings forecasts, there is still a queue, even if the target price is below SEK 27 to 35.
Strålknivsföretaget Elekta as reported Thursday, rose 3.4% to 106 crowns. UBS made its recommendation for Elekta to purchase neutral at the target price of 130 SEK from SEK 115.
One of the most important cases at the present time was the Finnish producer of solar thermal energy Savosolar. Shares traded on First North dropped by nearly 37% after the company announced in a press release that working capital may be insufficient to meet liquidity needs until the first quarter of 2019, when cash from project deliveries will wait.
Kopparbergs Brewery, listed on NGM MTF, reported an increase in profits in the footsteps of a "fantastic summer" climate where operating profit was 80.1 million (68). However, the effect of the weather did not help the share, which supported just over 8%
First North debuted The medical technology company S2 Medical was negotiated at 19 SEK. The subscription price in the new edition prior to registration was SEK 14:50.
The situation was worse on the first day of Alzecure, which went to SEK 10:60. Here the price of the subscription was 14:00 crowns.
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