Index-heavy Ericsson is the first of the major companies to report interim results. The report has, however, received a cool reception with a decline of almost 4 percent and the stock has retreated more than 17 percent this year.
Despite Ericsson's setback, it is upward on the Stockholm stock exchange and with the majority of major companies on the plus side. At the top of the OMXS30 list is the reporting technology trading company Addtech, which is soaring 10 percent. Today's absolute biggest winner is, however, the research company Cantargia, which has entered into a global licensing agreement with a Japanese pharmaceutical company. The stock is soaring 167 percent.
E-commerce company Nelly is also among today's winners after reporting a significant profit increase. The stock is rising 26 percent.
Hotel chain Scandic initially fell after this morning's interim report but has recovered and is up 0.5 percent in the afternoon.
Volvo Cars, which last night announced a write-down of 11.4 billion kronor in connection with import duties and launch delays, is rising 2.7 percent.
