Oil and raw materials is pushing the stockholm stock exchange – Business

the stockholm stock exchange was lower after lunch on Tuesday. Oil and resource companies, as was the weakness of the card.

At 13.40-the time was the Stockholm stock exchange’s OMXS30 index down 0.1 per cent to the level of 1.471. The turnover on the stockholm stock exchange amounted to 5,99 billion.

For base metal prices recorded a relatively clear downward rebound after Monday’s rise. Oil prices backed off sharply when hopes of an agreement within Opec for production cutbacks have been toned down.

In the sector dropped Boliden 2.6 per cent and Lundin Petroleum was down 1.9 per cent. Became part of SSAB’s class A share was lowered to 1.4 per cent.

the Stock market as a whole, however, was relatively divided. Defensive sectors such as consumer goods, telecom operators and banks appeared over or around the zero mark.

Verkstadssektorn were traded significantly. Exane BNP Paribas undertook a review of the verkstadsbolagen and for Assa Abloy increased the recommendation to outperform from neutral, while Sandvik and Atlas Copco, got to see their recommendations reduced by by. Assa Abloy improved 1.8 per cent, while Sandvik was printed down 1.5 per cent, and Atlas Copco was reduced to 1.8 per cent.

Jefferies initiated coverage of Autoliv with the recommendation buy and target price of 112 dollars, equivalent to about 1.032 crowns. Shares were rewarded with a rise of nearly 2 percent.

Mr. Green presented the financial targets in the morning and aim to growth in the medium term to reach 20 percent per year, with an ebitda margin of 20%. The shares responded with a rise of 2.4 per cent.

Vinstvarnande Scandi Standard was a height recommendation by DNB Markets to buy from earlier keep. DNB believes that the recent development, where an outbreak of bird flu pushed the shares, has given köpläge. The stock rose less than 5.4%.

the Group has received an order of 30,000 pens and announces at the same time to Joonhee Won takes over as the permanent ceo, from acting president. The shares advanced 10 per cent.

Among the smaller companies, a number of hefty movements. The trading platform Spiffx signed an agreement with the australian operator of Cardinal House and rushed 68 per cent. Maha Energy received brazilian regulatory approval for its acquisition of the operator of the Tartaruga field, and rose 31 per cent.

Medirätts medicinapp Medikoll was approved by Apple and A1M Pharma announced positive results in pre-clinical for the candidate drug Rosgard against pre-eclampsia. Medikoll increased 20 percent and A1M Pharma rose 5.6 per cent.

Ahead of Tuesday waiting for a relatively heavy statistikpunkt at 14.30 when the U.S. preliminary GDP for the third quarter are released.