The Stockholm Stock Exchange ended the last day of the week with a decline. This was in the wake of the stock market fall that followed the release of the quarterly report from tech giant Nvidia. The development was in line with that noted on the leading European stock exchanges. Nokia announced in the afternoon that it will invest $4 billion in the US.

At closing, the OMXS30 index was down 0.10 percent to 2,699.35. Shares worth approximately SEK 19.5 billion were traded on the Stockholm Stock Exchange.

The best performance among the stock market's major industrial sectors was consumer goods, which rose 1.3 percent. At the other end of the scale, energy was down 4 percent.

Among the leading stocks included in the OMXS30 index, SCA B rose 2.3 percent, while Essity B was up 1.8 percent. Saab B performed worst, down 4.6 percent, while Boliden was down 2.3 percent.

Niche bank Norion Bank has made a bid for Consensus worth SEK 171 million. The offer applies regardless of share class and payment will be made in cash. Consensus has A and B shares, the latter of which are listed. The latest closing price was SEK 10.40, which means that Norion's bid has a premium of 116 percent. The share fell 5.4 percent, while Consensus surged 105.8 percent.

The real estate company SBB reports updated pro forma earnings after the divestment of assets of approximately SEK 32 billion to related party PPI. Earnings capacity amounts to SEK 0.59 per ordinary share before cost normalization and SEK 0.71 after, compared with the previous SEK 0.42, which was the level presented by SBB in connection with its third-quarter report. The share rose 0.4 percent.

Telecom company Nokia plans to invest USD 4 billion in US research and manufacturing for AI-adapted networks, in addition to previous investments of USD 2.3 billion following the acquisition of Infinera. The share fell 1.4 percent.

Investment company Kinnevik's CEO Georgi Ganev is stepping down, but will remain in his position until a successor is appointed. The share rose 4.1 percent.

The board of clothing company H&M has decided to utilize the authorization from the annual general meeting in May to repurchase its own shares. The company will repurchase its own shares for a maximum of SEK 1 billion. The program begins today, November 21, and will run until January 28 next year at the latest. The share rose 0.6 percent.

Germany, an important market for heat pump manufacturer Nibe, saw an 8.1 percent decrease in the number of applications for heat pump subsidies in October compared with September. At the same time, the figures represent a 70 percent increase compared with October last year. The share rose 0.5 percent.

Venture capital firm EQT is acquiring, through EQT Real Estate, a property portfolio of 17 properties consisting of 477 apartments in Mahlow, located on the southern edge of Berlin, Germany. The share fell 2.2 percent.

Mining company Lundin Gold has presented strong drilling results from its exploration program at the Fruta del Norte gold deposit in Ecuador. The work has resulted in the highest gold-bearing drill section ever at the deposit, with up to 491.62 grams of gold per ton over 5.20 meters. The share fell 2.9 percent.

Investment company Flat Capital reported a net asset value of SEK 15.15 at the end of the third quarter. This compares with SEK 14.04 at the end of the previous quarter and SEK 8.00 at the end of the same period last year. The share fell 5.2 percent.

On November 20, the Jan Wallander and Tom Hedelius Foundation sold 3.5 million C shares in
investment company Industrivärden. The shares were sold at a price of SEK 391.30 per share, a transaction worth SEK 1.37 billion. The share price fell 0.3 percent.

Eros Capital Partners, now the largest owner of the game development company Enad Global 7 with over 10 percent, outlines its plans for the extraordinary general meeting on November 26 in an open letter. The owner has secured support from an additional 17 percent and has held meetings with owners representing over 50 percent of the capital to discuss and listen to proposals for measures. The company wants to bring two representatives onto the board and pursue ten initiatives over the next twelve months. The share rose 9.4 percent.

Mining company Viscaria is carrying out a rights issue of approximately SEK 850 million to finance the reopening of the Viscaria mine. The issue is aimed at existing shareholders and is expected to be fully subscribed through extensive subscription commitments and guarantees. The goal is for the company to raise approximately SEK 700 million in cash, with the remainder consisting of the settlement of shareholder loans. The share price fell 1.3 percent.

On the analysis front, Barclays has raised SCA to equilibrium (underweight), with a target price of SEK 115.

Danske Bank is raising Nokia to buy from hold with a target price of EUR 6.50.

EFN Finansmagasinet has given Hexpol a buy rating, and the share rose 0.4 percent.