The Stockholm Stock Exchange opened Wednesday higher.
At around 09.20, the OMXS30 index was up 0.72 percent at 3,309.78. Shares worth approximately SEK 1.2 billion were traded on the Stockholm Stock Exchange.
Among the exchange’s larger industry sectors, basic resources performed best, rising 0.93 percent. At the other end of the scale, energy was at the bottom, down 0.78 percent.
Among the leading shares included in the OMXS30 index, Lifco B rose 3.4 percent, while Boliden was up 1.8 percent. ABB performed worst, down 0.3 percent, while Evolution fell 0.3 percent.
Before the opening, new statistics for the Swedish economy were released. Retail sales in Sweden increased 6.9 percent year-over-year in August. Figures from Statistics Sweden, SCB, show that household consumption was unchanged during weeks 35-38.
The National Institute of Economic Research, KI, raised its forecast for Sweden’s GDP growth in 2026 to 3.0 percent from the previous 2.4 percent. For 2027, the forecast was lowered to 2.4 percent from 2.8 percent.
Abroad, the debate over AI continues. US President Donald Trump has signed a document containing voluntary principles for artificial intelligence together with leading technology companies following a meeting at the White House. The administration is simultaneously considering creating a ten-member committee to oversee the AI industry.
Ski-resort company Skistar’s operating profit amounted to SEK -274 million in Q4 2025/2026, which was slightly better than expected. The board proposes an increased dividend of SEK 3.50 per share. Skistar rises 6.4 percent.
Real estate company PPI Public Property Invest, PPI, is raising its public offer for Preservium Property after PPI previously purchased shares in the company for SEK 60 each. The offer now values each Preservium share at SEK 77.15 and all shares at approximately SEK 358 million, based on PPI’s net asset value as of June 30. The original offer was SEK 69 per share and approximately SEK 320 million in total. Preservium gains 7.6 percent.
Logistea is acquiring four properties in Jutland, Denmark, at an underlying property value of SEK 1,010 million. Logistea rises 1 percent.
Skanska is investing approximately SEK 660 million in the second phase of the Habitat residential project in Prague. The phase comprises 188 apartments and nine commercial premises. Skanska gains 0.7 percent.
Mining and rock excavation technology company Epiroc has received what is described as a major order for underground mining equipment from Sibanye-Stillwater for the company’s platinum mining operations in Rustenburg, South Africa. Deliveries are to begin in the fourth quarter of 2026. Epiroc’s A share rises 1.7 percent.
Car dealership company Bilia’s board has extended the employment agreement with CEO and Group CEO Per Avander to July 31, 2029. Avander has been Group CEO since 2011. Bilia rises 0.8 percent.
Arctic raised SLP to Buy from Hold. SLP rises 2 percent.
JP Morgan resumed coverage of online broker Avanza with a Neutral rating. The bank also resumed coverage of Nordnet with an Overweight rating and a price target of SEK 401.
Deutsche Bank has also initiated coverage of the two online brokers. For Avanza, the recommendation is Buy and the price target is SEK 440, while Nordnet is rated Hold with a price target of SEK 333.20. Avanza rises 2.5 percent, while Nordnet is up 3 percent.
Handelsbanken downgraded OEM International to Hold from Buy. OEM falls 0.6 percent.
Handelsbanken upgraded Bergman & Beving to Buy from Hold. The share rises 4.6 percent.
Pareto Securities initiated coverage of Sinch. Sinch falls 5.9 percent.
