The Stockholm Stock Exchange lost momentum during the afternoon but managed to close with a modest gain. The afternoon reports from major US banks were in focus.
The government issue continued on Tuesday. The Social Democrats’ Magdalena Andersson announced after meetings with potential coalition partners and the speaker of the Riksdag that the conditions for forming a government were lacking. Following Andersson’s announcement, Speaker Andreas Norlén announced that a vote on Andersson as prime minister would take place on Thursday. She expects to lose that vote.
At the close, the OMXS30 index was up 0.21 percent at 3,276.81. Shares worth approximately SEK 20.8 billion were traded on the Stockholm Stock Exchange.
Among the stock exchange’s major sectors, consumer discretionary posted the strongest performance, rising 1.34 percent. At the other end of the scale, healthcare was at the bottom, down 0.45 percent.
Among the leading shares included in the OMXS30 index, H&M B rose 2.4 percent, while SCA B was up 2.1 percent. Saab B posted the weakest performance, down 1.9 percent, while Atlas Copco A fell 0.9 percent.
Telecoms company Nokia has signed a binding agreement to sell its Enterprise Campus Edge business to investment company Aurelius. The deal is expected to be completed in the first half of 2027, subject to customary conditions being met, including regulatory approvals. The share fell 3.5 percent on the Stockholm Stock Exchange.
Life science company Addlife has acquired Germany’s Lehnen, which manufactures products and system solutions for accessible bathrooms. The company has sales of EUR 5 million and 30 employees. The share rose 2.4 percent.
Engineering company Bulten’s CFO Anna Åkerblad has resigned after five years in the position. She will remain in the role until the end of October and will therefore be responsible for the company’s third-quarter report. Bulten fell 1.4 percent.
Steel company SSAB has marked the start of construction of a new annealing line in Oxelösund. The investment of SEK 3.3 billion, announced in May 2026, is intended to increase capacity for advanced high-strength wear and protection steels by approximately 100,000 tonnes per year. SSAB rose 0.3 percent.
Research company Saniona reported new preclinical data showing that the drug candidate SAN2465 significantly improves synaptic plasticity in the hippocampus. The share surged 11.5 percent.
Engineering consultancy Rejlers has been commissioned by the Swedish Transport Administration to prepare tender documents for a new switching station in Katrineholm. The share rose 0.7 percent.
Pharmaceutical company Astra Zeneca has had its rating upgraded by Nordea to Buy from Sell. The price target was raised to SEK 1,900 from SEK 1,650. Affärsvärlden also issued a Buy recommendation. The share fell 0.7 percent.
Major bank SEB has had its rating upgraded by Keefe, Bruyette & Woods to Market Perform from Underperform. The price target was raised to SEK 235 from SEK 215. The share rose 0.9 percent.
Engineering company Alfa Laval has had its rating upgraded by BNP Paribas to Neutral from Underperform. The price target was set at SEK 580. The share increased 1.3 percent.
Technology company Silex has had its rating upgraded by SEB to Hold from Sell. The price target was raised to SEK 167 from SEK 149. The share rose 6 percent.
