The Stockholm Stock Exchange started the last trading day of the week cautiously and then headed down towards red territory to end the week with a clear decline. The development mirrors that of the leading European stock exchanges.

At the close, the OMXS30 index was down 1.01% to 2,558.74. Shares worth around SEK 18.3 billion were traded on the Stockholm Stock Exchange.

The best performance among the stock exchange's major industrial sectors was real estate with a rise of 1.9 percent. At the other end of the scale, technology was at the bottom with minus 1.8 percent.

Among the leading shares, which are included in the OMXS30 index, Astra Zeneca rose 1.9 percent while Getinge was up 1.8 percent. Boliden was the worst performer, down 3.9%, while Hexagon was down 3.1%.

European mining stocks fell as China's latest announcement on the restructuring of local government debt disappointed investors.

Mining company Viscaria reported no revenue in the third quarter as planned. The operating loss increased. The share price fell 3.2 percent.

Lundin Gold's net profit more than doubled in the third quarter. The quarterly dividend was set at $0.20 per share, in line with the previous quarter. The stock rose 3.7 percent.

Research company Bioarctic's partner Eisai cut its sales forecast for Leqembi for the fiscal year running from April 2024 to March 2025. Bioarctic fell 7.5 percent.

The housing platform Hemnet's Board of Directors has appointed Jonas Gustafsson as new CEO, effective
February 10, 2025. He succeeds Cecilia Beck-Friis, who announced in August that she will leave the company. The share fell 1.1 percent.

Industrial technology company Karnell reported increased sales and operating profit in the third quarter compared to the same period last year. The share rose 5.8 percent.

On the analysis front, ABG Sundal Collier cut Sandvik to hold from buy and lowered the target price to SEK 230 from SEK 250. Sandvik fell 2.3 percent.

The security company Securitas has had a positive price development after the interim report on Wednesday, November 6, which showed a better ebita result than expected. The deviation from expectations was in the region of 2.5 percent. After the report, most analysts raised their target prices. The share rose 0.3 percent.

Real estate company Hufvudstaden received several analyst updates on Friday after the company released its third quarter report on Thursday. SHB reiterates buy in the short term and outperform in the long term, while Kepler reiterates buy. The share rose 3.5 percent.

Ålandsbanken remains positive on New Wave after the interim report. Kepler reiterates buy, but lowers the target price. The share closed 0.2 percent down.

Kepler Cheuvreux reiterates buy and raises the target price for auto parts chain Meko to SEK 170 from 160 after the interim report. The share fell 2.8 percent.