On the Stockholm Stock Exchange rises Ericsson 3.6 per cent, most of the big companies. The company has received buy recommendation from UBS. Ericsson does Apple for patent violations in Germany, the UK and the Netherlands. Previously ongoing litigation in the United States.
The Swedish Match’s profit was better than expected, but the operating margin for snuff sales fell more than analysts had expected, according to Reuters. Shares fall 2.3 percent.
Sandvik traded without right to dividend and fall 4.0 percent, most of the big companies.
Oriflame reports a worse result than the same period a year ago. Shares rise 6.7 percent.
SAS falls 5.9 percent. Traffic and load factor fell in April. In addition the Swedish pilot union gave notice of strike action.
Today’s major event is the jobs data from the US this afternoon, which shows how many jobs were added in April.
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