Exchange Week in B minor – Swedish Dagbladet

After the stock market closed at 13, on a half-day open May Day trading, the OMXS Index fell 0.3 percent. Thus ended the shortened week, with an overall decline of over five percent.

A no rate cut from the Riksbank and weak growth figures from the US contributed to the less favorable market mood during the week.

SCA’s interim report which was released on Thursday morning got the thumbs up, the stock rose 5.7 percent. Although Sandvik steps properly then the company announced that Assa Abloy manager Johan Molin go in and grip the club on the board, shares pulled away over six percent.

Nokia raged, however, by about eight percent since quarter profit proved to be worse than expected. Above all underperformed the important network operations, which also pressured Ericsson course, down 2.9 percent.

H & amp; M shares dropping more than three percent but it depends on the share after Wednesday’s meeting is now trading without dividend rights.

Lundin Mining climbed six percent after a positive quarterly report.

The leading European stock markets rose slightly. London Stock Exchange FTSE-Index went up 0.2 percent, the Frankfurt Stock Exchange DAX index also rose 0.2 percent and the Paris Stock Exchange’s CAC index lifted 0.1 percent.