Stockholm stock exchange dampened by higher interest rates and rising oil prices, OMXS30 index fell 0.6 percent
The Stockholm stock exchange turned lower on Wednesday after two consecutive days of gains. The performance reflected leading international stock markets, where rising market interest rates and higher oil prices dampened investor sentiment. At the close, the OMXS30 index was down 0.57 percent at 3,316.90. Shares worth approximately SEK 18.7 billion changed hands on the […]
Adverty offsets loans against shares worth SEK 3.1 million
The board of advertising platform company Adverty has resolved on a directed debt-for-equity issue of approximately 41.3 million shares to the lenders Olle Olsson, Biljon and Rubicourt. The subscription price is SEK 0.075 per share, corresponding to an issue value of approximately SEK 3.1 million. The issue means that the lenders offset 50 percent of […]
Handelsbanken’s pension entities seek to sell 20.1 million D shares in Intea
Svenska Handelsbanken Pensionsstiftelse and Pensionskassan SHB Tjänstepensionsförening intend to sell approximately 20.1 million D shares in Intea Fastigheter through an accelerated bookbuilding process. The shares correspond to approximately 27 percent of the outstanding D shares. The offering to the general public in Sweden comprises shares with a value of up to the equivalent of EUR […]
Iran’s president accuses US and Israel of global instability
Iranian President Masoud Pezeshkian accuses the US and Israel of contributing to global instability and of illegal attacks against Iranian civilians and infrastructure.This was reported by CNBC. In his speech before the UN General Assembly, Pezeshkian also responded to US President Donald Trump’s statement the day before that he was considering ”obliterating” Iran. Pezeshkian said […]
US Energy Secretary: Diesel export ban does not work
US Energy Secretary Chris Wright rejects a ban on diesel exports and warns that it could drive up prices of gasoline and jet fuel. Reuters reports this. The statement goes against President Donald Trump, who supports the idea of an export ban. The price of diesel in the US stood at a record-high 6.52 dollars […]
US crude oil inventories (DOE) increased more than expected last week (R)
US crude oil inventories, excluding strategic reserves, increased by 3.0 million barrels last week. According to Bloomberg, the market expected an increase of 0.6 million barrels. The previous week’s reading was -0.6. Gasoline inventories decreased by 1.7 million barrels. The market expected an increase of 0.05 million barrels. The previous week’s reading was 0.8. Distillate […]
U.S. crude oil inventories +3.0 million barrels in the latest reporting week, expected +0.6 (R)
U.S. crude oil inventories +3.0 million barrels in the latest reporting week, expected +0.6 (R)
Canatu executive buys shares for EUR 12,100
Canatu’s Tapani Salminen, who is part of senior management, has bought 2,000 shares in the company. The shares were purchased on 23 September at a volume-weighted average price of approximately EUR 6.03 per share on FSME. The purchase price amounts to approximately EUR 12,100.
Subsea 7 receives contract extension worth up to USD 150 million
Norwegian rig operator Subsea 7 has received an extension to its contract for Sakarya Phase 3 off Turkey from Turkish Petroleum Offshore Technology Center. The order value is USD 50–150 million. The assignment covers towing as well as the installation and connection of mooring lines ahead of the commissioning of the project’s floating production unit […]
Deutsche Bank raises its price target for Volvo to SEK 337 (321), reiterates Hold
Deutsche Bank raises its price target for Volvo to SEK 337 (321), reiterates Hold
