[ad_1]
The Stockholm Stock Exchange lost its previous rally at the end of the session. A moderate introduction to US stock markets contributed. Handelsoron has gained momentum after China announced its intention to react to the import of tariffs by the United States.
Earlier in the trading day, the strong German order intake in the industry and the data that the United States could withdraw from the threat of higher import duties on European cars have supported the stock market.
At the close, the OMXS30 had risen 0.3% to 1.527. Shares worth 12.7 billion Swedish kronor were subsequently converted.
Among the OMXS30 companies, SSAB steel producer has increased the most with an increase of just over 3.4%. Even the mining company Boliden was in the lead with a rise of 2.6%. Outside the OMXS30, Lundin Mining has increased 2.5%.
The Goldman Sachs analysis firm pointed out in an analysis that a trade war between the United States and China will not affect commodity prices in a remarkable way, and that There will be a queue for raw materials instead.
Increases were also noted for the Volvo truck manufacturer, which rose 2.1%. Among other values in the engineering sector such as Atlas Copco, Sandvik and SKF, developments were weaker. British analysis firm Redburn Partners lowered the sales recommendation for industrial riots
On major stock exchanges in Europe, the German DAX index was up 1.2%, where vehicle shares sought to reach the summit. This is according to the German Handelsblatt information that a solution may be on the way around taxes on cars. President Donald Trump has already said that 20-25% of European cars can be charged.
Among the large companies in Stockholm, the construction company Peab was up nearly 4%. The share received a recommendation to buy ABG Sundal Collier, who chose to increase the share to the price of 80 SEK. On Thursday, the stock was traded at 67:40. Peab has dropped nearly 34% since last July.
Up, Getinge, the medical technology company, grew by 2.0 percent. The company has reached an agreement with the Brazilian public prosecutor in connection with an ongoing investigation into the cartels. The agreed amount is available in previous installments, although Getinge can not rule out additional fines.
The oil company Lundin Petroleum with assets in the North Sea on the Norwegian stock market increased by 0.7 percent. According to Norwegian E24, production for the Edvard Grieg field can be held in two longer than expected.
Among other companies on the Stockholm Stock Exchange, oil producer Enquest rose 3%. UK bank Barclays raised its recommendation to overweight the previous underweight.
Today 's winner has become the sawmill Bergs Timber, which has grown by almost 11%. The company made a profit of 43 million SEK for the third quarter, which represents a substantial improvement over the same period last year, of 16 million SEK. The lumber market has continued to improve in the spring, and Timber says he sees a good trend towards profitability in the future.
Source link
