Rising market rates dampened the Stockholm Stock Exchange, OMXS30 index fell 0.7 percent
At the close, the OMXS30 index was down 0.69 percent to 2,556.34. Shares worth around SEK 16.0 billion were traded on the Stockholm Stock Exchange.
The best performance among the stock exchange's major industrial sectors was energy with a rise of 0.5 percent. At the other end of the scale, technology was at the bottom with minus 1.3 percent.
Among the leading shares, which are included in the OMXS30 index, Tele 2 rose 0.8 percent while Getinge was up 0.6 percent. SBB B was the worst performer, down 8.1%, while Hexagon was down 2.2%.
Steel company SSAB fell 3.7 percent. Industry colleague Outokumpu, a manufacturer of stainless steel, issued a profit warning showing a sharp deterioration in fourth quarter earnings compared to the previous quarter.
Contract manufacturer Note rose 9.7 percent after reversing its profit warning for the fourth quarter. This also meant that the company slightly raised its sales and operating margin forecast for 2024. Note also presented a forecast for 2025 that showed increased sales and higher operating margin towards the 2024 expected level.
Construction company Skanska was up 1.4 percent. The company, together with Coffman Specialties, has signed a contract with the San Bernardino County Transportation Authority to build freight and express lanes on Interstate 15 in Ontario, California, USA. Skanska's share is worth approximately SEK 3.5 billion.
Price labeling company Pricer's partner JRTech Solutions has signed a contract with Sobeys in Canada to install 5 million digital labels. The expected order value is SEK 485 million. The share rose 9.4 percent.
The technology company Invisio has received an order for the Intercom and personal system, according to a press release. The order is worth SEK 115 million. The share fell 1.1 percent.
The investment company Svolder was unchanged after the interim report. The result was negative, but for investment companies the focus is mainly on net asset values. However, Svolder reports its net asset values weekly, which is why the market in Svolder's case places more emphasis on changes in the portfolio of holdings. One new holding is Beijer Alma, whose share rose 1 percent today.
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