The Stockholm Stock Exchange started Friday's trading with a decline, in line with the trend on the leading European stock exchanges. Heating technology company Nibe's report beat analysts' expectations for operating profit. The share initially rose by 7 percent, but has since fallen back near zero.
After 35 minutes of trading, the OMXS30 index was down 0.75 percent to 2,512.37. During the day, the index has moved within the range -0.91 percent at the lowest and -0.57 percent at the highest.
The broad OMXSPI was down 0.90 percent.
Share price
Price change
Commentary
Ovzon
17,7%
Increases sales and reduces operating loss in Q3
Björn Borg
4,1%
Increased sales and profit in Q3
Lundin Mining
3,2%
Reportedly close to selling European mines to Boliden
Garo
2,6%
Appoints new CEO, operating profit weighed down by impairments
Qliro
2,5%
Turns to operating loss in Q3
Nibe
0,5%
Operating profit in Q3 was 12 percent higher than expected
Enea
0,1%
Appoints Teemu Salmi as new CEO
Hemnet
-0,3%
Major shareholder Mäklarsamfundet sells shares for SEK 42 million
Boliden
-1,0%
Reportedly close to buying European mines from Lundin Mining
Kinnevik
-1,4%
Chairman James Anderson declines re-election
Norva24
-8,2%
Adjusted ebita earnings came in just below consensus
Lundin Mining Corporation is a diversified Canadian base metals mining company. The Company has operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Vicuna, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, that produce copper concentrates from open pit and underground mines. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is an underground mine producing nickel and copper concentrates. Vicuna is a joint venture, which holds the Filo del Sol project and the Josemaria project located along the Chile-Argentina border. Neves-Corvo is a copper and zinc mine producing copper, zinc and lead concentrates.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
