Ericsson lifts the stockholm stock exchange – Business

the Week started in the red but on Tuesday turned börshumöret. At lunchtime, the report noted clear gains on the stockholm stock exchange. In the top low råvarubolagen.

Shortly after noon to 13.30 was the Stockholm stock exchange’s OMXS30 index up 0.9 per cent to the listing 1.518. The turnover on the stockholm stock exchange amounted to sek 6.2 billion. In Frankfurt and Paris recorded smaller gains or unchanged courses.

the Stockholm stock exchange storbolagsindex were at the top of the SSAB A, which rose 3.9 per cent. SSAB shall, in Monday again have raised the price of heavy plate in the u.s. market. Råvarubolagen was generally strong with the support of price increases in base metals and Boliden climbed 2.7 per cent. Gränges rose 6 percent and the share reached the highest level so far.

Verkstadsbolagen was strong with SKF, +1.9%, Atlas Copco, +1.8, in the top. Volvo got a recommendation height to neutral by Goldman Sachs, but rose a more modest 0.5 per cent.

Among the few companies on the downside backed H&M for the fourth day in a row. Getinge dropped also mark the face of the report on Thursday.

Among the winners were also the banks, where Nordea climbed 1.1 per cent after a height recommendation from RBC Capital. The same analytikerhus lowered the recommendation for sektorkollegan SEB as even though it rose 0.6 percent.

Fingerprint Cards, which slumped 7.5 percent on Monday then storägaren Johan Carlström and the board member Lars Söderfjell arrested, took the initial lead in the storbolagsindex but backed down and then down again. The share was trading 1.1 per cent higher at noon.

Telecoms were by far the weakest sector in Europe since the uk BT tumbled on the London stock exchange in the wake of a profit warning. The nordic telecom operators did, however, escape, and Telia was listed up 0.7%.

Outside the OMXS30 advanced the oil company Enquest 0.4 per cent after having given the production forecasts for 2017.

Rapportsäsongen are now starting to take off and Byggmax and Probi reported its results for the fourth quarter.

Byggmax plummeted nearly 10 percent after its report, which showed a hefty decline in comparable sales during the fourth quarter and storförvärvet Skanska Construction materials underperformed.

Probi, who have already made a reverse profit warning after sales has increased during an “exceptional” fourth quarter of the year, will propose an unchanged dividend of sek 1 per share. Shares lost almost 3 percent.

Imint turned down a 5 per cent, after having rushed closer to 28 percent on Monday after having announced a cooperation agreement with Samsung and that the company’s solution is included in a mobile phone from Huawei.

In the opposite direction went bilinspektionsbolaget Opus, which rose almost 3 per cent. The share has thus not recorded a nedgångsdag on the twelve trading days.

Aktietorgsnoterade Yield Life Science associates Isofol Medical received clearance from the us regulator, the FDA, to begin the first proposed clinical study with Modufolin. The shares rushed initially but then backed away down to unchanged levels.