Drama of the Raffling gaming company on the Stockholm Stock Exchange – The G5 stands out at 20% and Starbreeze takes the same amount



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Stockholmsbörsen offers a great drama in the gaming sector today.

Stockholmsbörsen was traded online Tuesday with the main European stock exchanges.

On the list of large OMXS30 companies, there were relatively low price movements, but among the declaring game developers, this was all the more true, the Starbreeze shares rushed and the developer's share of G5 Entertainment mobile games broke out.

At 12:45, the OMXS30 index was down 0.5% to 1.532. Shares valued at SEK 4.3 billion were then traded on the Stockholm Stock Exchange. In Europe, the DAX index was recorded at -0.1%, the CAC40 at -0.2% and in London, the FTSE100 supported 0.7%.

Among the OMXS30 companies, the H & M clothing mix weighed 2.5%. The SSAB steel producer was among the winners, with an increase of 1.2%. A number of industrial companies such as Atlas Copco, Assa Abloy, Volvo and SKF were also on the list.

German e-commerce retailer Zalando issued a lower than expected report, but the company has repeated its forecasts for the year. Growth is expected to increase in the lower part of the 20-25% range. The Zalando action fell nearly 9% in Frankfurt. The Kinnevik investment company, which owns 32% of Zalando's share capital, recorded a 0.3% decline.

Oil companies and the sector (1.8%) were the sectors where Ipco and Black Pearl were the best choices for lunch. The two Lundin companies, which will merge, benefited from a good report from Ipco. According to a Pareto comment, cash flows were high at Ipco and the result was better than expected. Ipco and Black Pearl both grew by just over 8%.

Tethys Oil also grew 8.3% after its report. Positive comments on production contributed to this. The company expects oil production to rise to the highest of previous forecasts at the end of the year, and sales are expected to come at higher prices.

The morning grandmother was the favorite of the stars. The share of game developers has increased by 23.3%. The quarterly report was expecting a loss and the ebitda positive earnings target from the fourth quarter was repeated. What will turn the company into black numbers in this quarter is the game Overkill's The Walking Dead, launched Tuesday.

The situation was worse for the G5 mobile game developer, whose share exceeded 19.2% in its report. The increase in the number of users, expressed as a percentage of revenue, impacted costs. Third quarter operating profit was 24% lower than last year.

The Catena Media report, affiliated with the casino, was slightly better than the consensual summary of Infront Data and, at lunch time, the stock was unchanged. The underlying organic growth was 17% in the quarter and earnings per share increased by 25%.

"In the fourth quarter, we are beginning to see the benefits of economies of scale, organic growth is in line with expectations and we continue to move in the same direction in the future," Perenberg wrote. CEO of Cat Media.

Moberg Pharma also sold to losers and dropped by just over 6.2%. The company released lower figures for the third quarter, according to a comment from Pareto.

Bactiguard also lost nearly 6% of his report. The medical technology company, which had a strong second quarter, was not able to repeat it in the third quarter.

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