Alfa Laval rushes after the surprise order



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The Stockholm Stock Exchange remained unchanged on Wednesday. Top winners Alfa Laval released higher quarterly orders than the company and the market had expected.

The OMXS30 OMXS30 index remained unchanged at 1,550 at 13th place. On the Stockholm Stock Exchange, shares totaling SEK 2.8 billion were negotiated.

Alfa Laval recorded a volume of orders well above expectations, which resulted in a 7% rise in the stock market index. Alfa Laval's order intake was SEK 12 062 million. It was 18% higher than analysts had expected, and the company refers in particular to a strong development in the maritime segments. Demand in the third quarter will be "slightly lower" than that of the second, says the company.

Alfa Laval was followed by Getinge who was up 2 percent ahead of the report on Tuesday. Banks also increased, where SEB and SHB rose respectively by 0.4 and 0.8%. On Monday morning, Deutsche Bank arrived with a reverse profit warning.

Bottom, Ericsson was down 2.2%. Even the declines of H & M and Boliden were noted, the duo fell by 2 and 1.6% respectively.

Axfood was clearly on the most before the report released around 13:00 on Monday afternoon, an increase that was erased when quarterly figures became known. About 20 minutes after the report, the stock was rated 1 percent lower.

In the news feed, Henrik Fagerlund, chief product officer of Net Ent, bought Monday 5,000 shares after Friday's quarterly report. Among the reports, biotage biotage biotage company reported an increase in after-tax profit of 51.4 million Swedish kronor in the second quarter, up 37.7 million in the corresponding period last year. Byggmax's profit decreased in the second quarter to SEK 96.7 million, compared to SEK 133 million in the same period of 2017. Byggmax's share dropped by more than 8% in the second quarter.

Kepler Chevreux increased JM to buy previous reserves at a target price of SEK 220. Nordea reiterated its purchases at the target price of 265 SEK. During the course of Monday, 176.55 Swedish Kronor per share were paid, an increase of 2.1%

The share of the auxiliary company Mips increased by 14% to 92.50 SEK, ABG Sundal Collier having taken the target price of 75 to 125 crowns. ABG, which has a recommendation to buy on the part previously, believes that the patent battles that the troubled company can now be over. Combined with a stronger dollar, the investment bank believes in strong earnings growth for the rest of the year for Mips.

Pareto Securities raised the target price of Xvivo to 159 SEK against 160 SEK on Monday. The recommendation purchase is repeated. The stock rose by 1.1%

RX Securities launched the Alligator tracking with a buy recommendation and a target price of 45 SEK against the price of 37.45 Swedish Krona per share Monday. The share rose by 4.4%

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