Monday, February 9, 2015

Down on the Stockholm Stock Exchange – Swedish newspaper Svenska Dagbladet

Down on the Stockholm Stock Exchange – Swedish newspaper Svenska Dagbladet

The leading European stock markets fell slightly more. Greece’s newly elected Prime Minister expressed himself on Monday confident that we will reach a deal with lenders, but the EU representatives expressed themselves not as positive.

Over the weekend, also came disappointing data from China showed that exports fell over three percent in January, while imports fell by 20 percent. It was much worse than economists had expected, according to Reuters.

A majority of large companies on the Stockholm Stock Exchange fell, with Nordea in the bottom. Shares fell 2.6 percent. While other banks backed off, but considerably less.

Nokia fell 2.7 percent.

The best of the big companies fared Boliden, up 1.8 percent.

Lundin Petroleum rose 1.6 percent.

It has been a quiet day on the interim front. Holmen reported a loss of 18 million before tax for the fourth quarter of 2014. During the period the Company recognized an impairment loss of Braviken sawmill of 450 million, which weigh on earnings. Shares fell 3.1 percent.

On Tuesday, including Avnet and Saab with reports.

FTSE index fell 0.2 percent, the Frankfurt Stock Exchange’s DAX index fell 1.7 per cent and the Paris Stock Exchange CAC index fell 0.8 percent.

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