Stockholmsbörsen: The stock market falls sharply



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In other parts of Europe stock markets in London, Paris and Frankfurt were down 0.1 to 0.3% with marginal movements in most sectors.

The crown is strongly firmed after the GDP of the morning

The winner of the report of Friday Securitas and The Mekonomen was respectively 3.7 and 2 , 9%, while the analysis updates were published.

In the workshop Volvo was up 1.2 percent and traded at a price of 155: 35. JP Morgan raised the recommendation for the truck manufacturer to overweight neutral. The target price has also been raised from SEK 190 to 190.

Several banks and analysts have made smaller price declines for their share Autoliv after Friday's quarterly report, which had fallen slightly . The car insurance company's share was down 0.4%.

SAS lost 2%. Last weekend, the airline operator has 25 flights and during this week, 40 more departures will not be canceled, according to Svt.

"This is a combination of technical problems, pilot failures in Europe, flights and other flights in the network," said Tonje Sund SAS press contact at Dagens Nyheter .

Trade in Bioarctic Biotechnology Company continued where the share fell by 9.3 percent from the price decline at the end of last week. The exchange rate occurred last Thursday after the US pharmaceutical company Biogen conducted tests with the drug candidate Bioarctics against Alzheimer.

Since the beginning of the year, the stock has increased by nearly 258%.

Episurf Medical supported 2.1%. The FDA, United States Pharmaceuticals Agency, has given an initial opinion on the company's request to launch a clinical trial in the United States, deemed "manageable" by Episurf.

Talkpool Namibia signed a master agreement with Huawei to deliver TE-DT optimization services for a broadband network in Namibia. According to Bloomberg News, Nordea was the only major Swedish bank to reduce its costs in the second quarter. The reason is, according to the news agency, that Nordea has invested more in automation in the form of AI, compared to other big banks, while decreasing by the number of # 39; employees.

JP Morgan notes that investment in the Nordic region has increased

On Friday, the Nordic credit rating was awarded as ESMA's credit rating agency, which becomes the first Nordic counterparty, for example S & P Global Ratings or Moody's Investor Service.

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