Friday, February 3, 2017

Skanska lifted the stock market – Västerbottens-kuriren (the Courier)

Economy. construction group Skanska’s report got a thumbs-up. The shares rushed on an otherwise uneventful stockholm exchange.

Skanska’s report was better than expected and the company reported a profit before tax of 3.2 billion for the fourth quarter of 2016. The board proposes an increased dividend to the owners. The stock rose 5.5 percent.

In general, the movements small in the stock exchange – the positive job figures from the united states had no significant impact. The OMXS index closed at plus 0.3 percent.

Among the other winners were indextunga Astra Zeneca, plus 2.1 per cent. Fingerprint Cards rose 2.6 per cent after having slumped sharply Thursday in connection with the biometriföretagets report. Nordea raises its recommendation on the company from neutral to buy, but hold at the riktkursen 60 sek.

H&M fell 0.3 per cent. Chairman of the board Stefan Persson has purchased approximately six million shares in the company – his first purchase since June of last year.

Today’s big loser was the group Stora Enso, which reported a weaker quarterly profit than expected, the shares plunged 7.1 per cent.

On the major european exchanges were also up. The london stock exchange’s FTSE index lifted 0.8 per cent, Frankfurtbörsens DAX index rose 0.3 per cent and Parisbörsens CAC index went up 0.8 percent.


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