Thursday, February 2, 2017

Volvo shares soars on stock exchange after the report – Svenska Dagbladet

Volvo’s share rose sharply. On the picture the company’s ceo Martin Lundstedt. Arkivbild. Photo: Fredrik Sandberg/TT

When the stock market closed it had the OMXS-index moved up 0.8 percent.

the vehicle Manufacturer, Volvo, was today’s big winner after having reported a height of profitability of operations and an increased dividend compared with the previous year. Shares rose 4.7 per cent.

SEB Also announced an increased dividend and Annika Falkengrens the last financial statements as president was received positively. The stock was up 2.7 per cent. The oil company Lundin Petroleum were also the winners, the share lifted 2.9 per cent.

Fingerprint Cards, which presents its report on Thursday recovered after several days of slump. This after the announcement that it is purchasing the u.s. company Delta ID of the 106 million u.s. dollars (about 938 million). The stock was up 0.9 percent.

Electrolux reported a profit that was lower than what analysts had anticipated. The shares declined 2.1 per cent, most of the large corporations.

SAS share price rose 3.5 per cent after news that the company moves up to ten percent of the aircraft fleet to London and Spain. Lower taxes, pension costs and social security contributions are indicated as important factors behind the decision.

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the London stock exchange’s FTSE index went up 0.1 per cent, Frankfurtbörsens DAX index lifted 1.0% and Parisbörsens CAC index climbed 0.9 per cent.

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