Falling global stock markets weighed on the Stockholm Stock Exchange, OMXS30 index down 1.4 percent
At the close, the OMXS30 index was down 1.40% to 2,542.41. Shares worth around SEK 21.1 billion were traded on the Stockholm Stock Exchange.
All industrial sectors fell. The worst performance was in consumer staples, which fell 0.3 percent, while the technology sector fell the most by 2.8 percent.
Among the leading stocks, which are included in the OMXS30 index, Sinch rose 0.7 percent while Evolution was down 0.1 percent. Saab was the worst performer, down 5.7 percent, while H&M was down 4.5 percent.
Defense companies were weak in Europe after indications that Ukraine may consider alternative peace initiatives, such as those from China, Brazil and South Africa, to incorporate into its peace proposal. Saab fell 5.7 percent.
Clothing giant H&M fell 4.5 percent, weighed down by a lowered recommendation from Redburn, which now recommends sell against previous neutral.
The reporting period rolled on with mainly smaller companies.
Technology company Fingerprint Cards improved its adjusted ebitda result in the third quarter. At the same time, sales fell over 40 percent to SEK 102.8 million. The share fell 15.8 percent.
Gaming company Paradox's operating profit missed expectations in Q3 and amounted to SEK 142.8 million. The share rose 1.2 percent.
Residential real estate company John Mattson's income from property management lifted sharply in Q3 to SEK 59.2 million, from SEK 44.2 million. The share rose 0.6 percent.
Pharmaceutical company Bioinvent's operating loss rose in the third quarter. The CEO looks forward to a "data-rich end" to 2024. The share fell 1.9 percent.
Industrial company Xano Industri reduced its operating profit to SEK 13 million in the third quarter, from SEK 58 million. The share lost 6.8 percent.
Real estate company Oscar Properties was halted in the afternoon and a while later it was announced that the company has now gone bankrupt.
Further on the analysis front, BNP Paribas Exane raised its recommendation on Hexagon to neutral from underperform. The share fell 3.9 percent.
Handelsbanken raised Medicover to outperform from marketperform in the long term. The share rose 4.7 percent.
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