Hexagon, Investor, Sandvik and SKF have risen 8 out of the last 10 days - best among OMXS30 stocks
December 06, 2024 at 06:33 am
Share
The Stockholm Stock Exchange's major share index, OMXS30, is climbing today for the eighth day in a row and Friday's gain is around 0.1 percent. Over the past ten days, the index has risen by 3.8 percent. The number of upward days during this period amounts to eight.
Among the shares included in the index, Hexagon has had the best price performance during ten-day period with an increase of 16.6 percent. The stock took off after the announcement that Björn Rosengren will take a seat on the board.
In terms of the number of up days, Hexagon, Investor, Sandvik and SKF are the best with eight out of ten possible.
SBB B has the worst share price performance with a decline of 13.2 percent.
Boliden, H&M and SBB have the least number of up days with only four.
Hexagon AB specializes in the design, manufacture and marketing of equipment and information systems for geospatial and industrial applications. Net sales break down by product family as follows:
- metrology systems (51.5%): stationary and portable measuring equipment, coordinate measuring machines, laser plotters and scanners, etc. The group also offers computer-aided design, manufacturing and engineering software. Net sales break down by market especially into electronics and manufacturing industry (33.8%), energy (24.1%), automotive industry (16%), aeronautics and defense (10%);
- geospatial solutions (48.5%): sensors, laser scanners, GPS systems, motorized air vehicles, mobile mapping systems, satellite geolocation systems, etc. The products are intended especially for the sectors of inspection (37.9% of net sales), construction and infrastructure (25.924.2 natural resources (18.3%), and public security (7.9%).
Net sales are distributed geographically as follows: Europe/Middle East/Africa (34.5%), Americas (38.6%) and Asia (26.9%).