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Small investor favorite lifts on the Stockholm Stock Exchange

The Stockholm Stock Exchange's OMXS-index rises slightly in the initial trading. The real estate company SBB is lifted after the company's interim report.

» Updated: Today, 09:17

» Published: Today, 08:31

Small investor favorite lifts on the Stockholm Stock Exchange
Photo: Johan Hallnäs / TT

After ten minutes of trading, the OMXS-index is noted for a weak increase, 0.2 percent. This after the New York Stock Exchange's S&P 500-index reached a new record level yesterday.

From a Swedish perspective, several companies have presented their interim reports this morning. The real estate company SBB, a favorite among small investors, reports increased rental income but simultaneously makes a billion-loss. However, after an initial decline, the stock turns around and is now the best performer on the OMXS30 list with an increase of 1.4 percent. The hygiene company Essity is also up 1.2 percent due to an upgraded recommendation from JP Morgan.

The radiation therapy company Elekta did not meet market expectations with its interim report, with both revenue and operating profit being a disappointment. The stock also falls heavily, down 5.8 percent.

This morning, Storskogen has also presented new financial targets in connection with the company's capital market day. The stock surges over 7 percent.

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By TTThis article has been altered and translated by Sweden Herald

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