Stock markets around the world have clearly risen recently and the Stockholm stock exchange is no exception. The upward trend can however be in danger after a cautious start to today's trading.
The Stockholm stock exchange is weighed down primarily by AB Volvo's stock market development, the share is falling 1.5 percent.
Last night, President Donald Trump announced that they are expanding the truck tariffs from November 1. AB Volvo has however been seen as a winner thanks to local production in the USA. At the same time, Nordea is now lowering the target price for the share and believes in a reduced extra dividend in connection with the year-end report. Volvo's competitor, Scania's parent company Traton, is falling 3.5 percent at the same time.
Among other companies that are falling, the mining giant Boliden is notable, down 1.4 percent. In the opposite direction, Skanska is moving primarily after Jefferies raised its recommendation to buy. The share is rising 4.3 percent.
The retail chain Clas Ohlson has released sales figures for September which showed an increase of 9 percent compared to the previous year. The share is rising 3.3 percent.
