Volvo’s CEO Martin Lundstedt. Photo: Janerik Henriksson / TT
The development is in line with leading European exchanges, which trending downward since the exchanges on Wall Street have been reduced by unexpectedly weak quarterly in Thursday.
Volvo B share highlights, however, 4.7 per cent since the truck manufacturer thrashed market expectations by a wide margin in the report for the first quarter. But despite Volvo’s exchange’s largest companies in terms of revenue is not enough to lift the entire exchange.
SSAB A shares fell initially since the company announced a new issue of five billion and reported a quarterly loss. But the loss was smaller than expected and at noon, the market has revalued the two slips, which means that the share is at plus 4.2 percent.
SSAB’s stock has lifted by over 40 percent since the beginning of the year for the lowest rate of 20 years in January.
the share of Swedbank, , whose acting CEO Birgitte Bonnesen received the Board’s trust to become permanent manager after the sacked CEO Michael Wolf, drops 0.5 percent .
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