Staples best on the stock exchange – Swedish newspaper Svenska Dagbladet

Staples best on the stock exchange – Swedish newspaper Svenska Dagbladet

This year’s winners among major companies are just now Ica group is up about 48 percent. The market got a taste of the stock after the most recent interim report.

– They have had a quite juicy rally here now at the end and it is also true, for example, axfood. After the most recent reporting period, the differences between domestic sectors such as banking, consumer and construction and more export-oriented sectors such as manufacturing, forestry and primary industries increased. And these little more domestically oriented sectors have been the winners of this year, while the more export-oriented lagging, says Peter Malmqvist, independent analysts.

Among several of the losers will find two themes – the oil and Russia. Topping the list are oil companies, Africa Oil and EnQuest. This is followed by Oriflame and MTG.

– It is very much Russia and the oil price haunting. Oriflame connection to Eastern Europe and MTG’s connection to Russian television has pushed the shares, says Malmqvist.

It has swung a deal on the Stockholm Stock Exchange this year. Exchange were strong in the first half and OMXS index had by mid risen almost 6 percent. The greatest increase was 11-12 percent.

– Just then, when we arrived in June-July, it was a really good year for stocks, but then came in October, says Malmqvist.

The trigger behind the shaky autumn was unexpectedly weak statistics from Germany.

– And then it became more and more completely sudden aware that the crisis in Ukraine and sanctions against Russia might affect Europe’s economy in the wrong direction.

The case became sharply and the stock market was loss seen over the years. Since bounced it up pretty quickly and in a few weeks, the courses back at this summer’s levels. In recent weeks there has again been turbulent due to falling oil prices and concerns about the Russian economy.

When it’s just over a week left of the trading year OMXS index has risen by around 7 percent. But Peter Malmqvist warns that the recovery is fragile. He himself has predicted that the stock market lands on zero this year.