Third-plus consecutive day on the stock exchange – Private Businesses

OMXS30 closed 0.2 percent higher at 1710.9 listing. Sales in Stockholm amounted to SEK 20.9 billion.

On the continent, the DAX rose by 1.2 percent in Frankfurt and London trading FTSE 100 up 0.8 percent for the day, for the first time ever, so far above the index 7000 .

“The stock market is quite spirited today, with strong engineering paper and a broad and clear upturn when adjusting for index-heavy Nordea separated dividends,” said Bank of Åland’s equity strategist Lars Söderfjell to Direkt.

Nordea separated dividend at 0:62 euros, or about 5:80 per share, corresponding to the share’s decline on Friday.

Excluding the negative Nordea effect on the index was Friday’s rise to large cap index is 0.7 percent and thus more in line with developments in the major European stock exchanges.

SEB was with its rise of 2.9 percent to SEK 111 best bank. Exane BNP Paribas raised in the analysis presented SEB as its Nordic favorite. The theme of this analysis was to Handelsbanken’s premium valuation of 15 per cent against SEB is not justified. Friday’s rise of Handelsbanken stayed at 0.4 percent.

“I feel that everyone is talking currency right now,” continued Lars Söderfjell, which found it interesting with a lot of gains in cyclical companies despite the weakening of the dollar against the euro.

“There are no specific reasons for this pattern today, it’s more of a general strong sentiment across the board,” he said, pointing out that just for Boliden, which rose 2.8 percent, the explanation is simple : lowest copper and zinc prices.

Behind the Boliden and SEB in the top of the OMXS30, Volvo with its rise of 2.4 percent. SEB Equities raised on Friday its price target for the truck shares to 122 crowns.

In the bottom of the index was recovered Electrolux, which fell more than 3 percent. JP Morgan sees negative currency effects in front of him and has lowered the recommendation to neutral from overweight.

Ericsson has in turn been given a lowered recommendation from Morgan Stanley, prompting shares to back off somewhat.

Among individual company news, followed by price movements were labeled BC Partners divestment of Com Hem shares. Shares equivalent to 12 percent of the company was sold by the major shareholder for 76 bucks a pop. Shares fell nearly 4 percent.

Lars Söderfjell felt that the sale to some extent took leaves of speculation that has existed around the commandments of Com Hem: a bid should in that case have been prior to the sale, according to the principle that it is easier to buy a whole than many parts.

Transcom enriched on the other hand its shareholders by increasing nearly 10 percent. Altor has bought 24.5 percent of customer service the company from Kinnevik and is now the largest shareholder.

In the games sector received Evolution Gaming a good start to their exchange trip. Share, which was listed on Friday at a price of SEK 80 per share, closing at 89:75 Krona equivalent, plus 12 percent.

The competitor Net Entertainment rose 4.5 percent. The company announced a new license for casino games.