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The Stockholm Stock Exchange fell slightly after morning trading
Assa Abloy held a conference call to develop Friday's news that the company will take a single commission of 6 billion Swedish crowns
. The index had dropped 0.5 percent to the level of 1.519, about 13 times. The Assa Abloy group lost over the Friday after the news that the company will take a single cost of 6 billion Swedish crowns in the second quarter due to a weakening of the market in China. On Friday, relatively new CEO Nico Delvaux held a conference call in connection with the news of depreciation. He thought that Assa Abloy was based on low margins in China in the short and medium term but that it should not deteriorate further. The share had slightly recovered from the previous decline, but still dropped by just over 7%.
Other companies with China exposure as SKF and Sandvik at the bottom of the OMXS30 with declines of 1.2-1.3%.
Followed by mining company Boliden Getinge, SSAB and the Essity hygiene company were among the winners. The companies had increased from 0.4 to 1.4%.
SSAB received a purchase recommendation from Australian Macquarie which set the target price of 48 Swedish kroner. SSAB's share A increased by 0.4%
Among the large companies, the real estate company Fabege was in the lead after a quarterly report indicating that the Stockholm office market is strong. The share of the investment company Industrivärden has increased by more than 5%.
The investment company Industrivärden continued its rise of 2.8%. ABG has increased to buy previous reserves. The banks SHB, DNB and Nordea also made their recommendations on the company. On average, analytical housing prices were SEK 203, the average.
Bioarctic Biotechnology Company reported a strong recovery after presenting positive results from Phase 2b studies for its drug candidate against early Alzheimer's disease. The stock has risen by about 130 percent. Most of the stock was up to SEK 61.50 and was exchanged after lunch at the price of SEK 52.50
The Snoot Company Rootfruit Scandinavia, listed on Spotlight, announced its intention to merge with the manufacturer Nature Snack Exotic Snacks to form a company. The share showed an increase of 19%.
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