The defense company Saab's share rose sharply after Prime Minister Ulf Kristersson (The Moderate Party) on Wednesday afternoon told about the declaration of intent at a press conference with Ukraine's President Volodymyr Zelenskyj in Linköping. The increase, however, was muted before closing when the share stood at a plus of 2.7 percent. This means a price increase of 111 percent since the turn of the year.
The Stockholm stock exchange's broad OMX index closed at minus 0.2 percent.
Among the heavyweights in the OMX30 index, major bank Handelsbanken rose 0.4 percent after an interim report where the profit was better than expected, despite strong downward pressure on the net interest income. Competitor Swedbank rose 1.0 percent.
Downward pulled internet and telecom operators Telia and Tele2, which fell back 2.3 and 1.9 percent, respectively.
The development was mixed during the night's trading on the leading Asian stock exchanges, as well as on the European stock exchanges.
The market was characterized, among other things, by US President Donald Trump's latest message that the planned meeting with China's leader Xi Jinping at the end of October may be cancelled – even though he says at the same time that he expects an agreement to avoid an escalation of the trade war between the world's two largest economies.
The British pound fell a few öre when an unexpectedly low inflation figure for September drove up expectations of an interest rate cut by the Bank of England before the turn of the year. The krona also strengthened slightly against the dollar and the euro.
On Tuesday, the OMXS index rose 0.7 percent. With Wednesday's decline, this means a price increase since the turn of the year of 6.3 percent.
