Saturday, January 21, 2017

Astra weighing on the stock exchange – Östgöta Correspondenten

Exchange

the stockholm stock exchange, turned up after the initial downturn and the circuits at 13.30-the period of time just above the zero mark.

Bankaktierna belong to the winners while the heavy Astra Zeneca holding back the index.

Shortly after noon to 13.30 is the OMXS index at plus 0.2 per cent. Storbanksaktierna takes the lead, Handelsbanken is going the best, plus 2.3 per cent, followed by SEB, Swedbank and Nordea, as all rising around a percent each.

Astra Zeneca fall 3.5 per cent, clearly the worst among the big. In the background a haunting concern for the company’s cancer treatments, then the competitor Bristol-Myers pulled the brake before an application to the relevant authorities if a cancer treatment based on the same technology, reports Reuters.

Telia drops by over one per cent. Dagens Industri claims that the telecom operator is interested in buying Danish TDC, and refer to sources. It would in such cases be a jätteaffär. TDC shares rise by almost four per cent in Copenhagen. The same newspaper article pointing to the TDC, in turn, can consider to buy the cable operator Comhem, which rises by three per cent.

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