Broad decline on Stockholm Stock Exchange in line with global markets, OMXS30 index fell 1.3 percent
Stockholm Stock Exchange fell in a broad decline on Thursday. The trend was in line with that on the leading European stock exchanges. Rising oil prices helped weigh on the stock markets. Oil prices rose following reports that Chinese refineries had halted fuel exports in October to secure domestic supply. At the close, the OMXS30 […]
Broad declines on European bourses ahead of the close, Stoxx 600 index down 1.1 percent
Leading European bourses are falling in a broad decline ahead of the close on Thursday. A rising oil price is contributing to weighing on the markets. Brent crude is currently trading at around 101 dollars per barrel. The broad Europe index Stoxx 600 was down 1.11 percent at 627.86 at 16:10. During the day, the […]
US natural gas storage rose by 64 billion cubic feet last week, consensus +63.56
US natural gas storage rose by 64 billion cubic feet last week. The market had expected an increase of 63.56 billion cubic feet. Last week’s figure was 53. USAw39Consensusw38Natural gas storage change, BCF6463.5653Consensus data from Bloomberg
Cibus CFO Ann-Sofie Lindroth increases her shareholding
Ann-Sofie Lindroth bought 825 shares in real estate company Cibus on 1 October, where she is CFO. The shares were purchased at a price of SEK 125.15 per share, in a transaction worth SEK 100,000. The transaction was carried out on Nasdaq Stockholm. This is shown in the Swedish Financial Supervisory Authority’s insider register. Lindroth […]
Episurf takes possession of eight properties in Hudiksvall
The property company Episurf Medical has taken possession of eight properties in Hudiksvall with an underlying property value of SEK 300 million. The portfolio comprises approximately 16,300 square metres and is fully let, with annual rental income of SEK 26.1 million and net operating income of SEK 22.4 million. Hudiksvall Municipality is the largest tenant, […]
HSBC: Strong EV demand keeps discounts down in Europe
HSBC believes that pricing for electric vehicles in Europe will remain disciplined, while the automotive industry benefits from stronger demand and government incentives. The electric-vehicle share exceeded 30 percent in August for the first time. This is stated in an analysis. Discounts fell in September to 8.9 percent in Germany and 9.9 percent in the […]
Sources: Nvidia chief questioned Anthropic’s AI warnings – WSJ
Several tech executives, including Nvidia CEO Jensen Huang, privately questioned Anthropic CEO Dario Amodei’s repeated warnings about the risks of AI. The Wall Street Journal reports, citing people with knowledge of the matter. The discussion took place in connection with a meeting at the White House, where industry executives simultaneously agreed on principles for safer […]
Kongsberg Maritime completes acquisition of Berg Propulsion
Kongsberg Maritime has completed the acquisition of Berg Propulsion after customary conditions were fulfilled, including relevant regulatory approvals. The transaction, which was announced on 12 July, expands Kongsberg Maritime’s offering in propulsion systems and is intended to strengthen the company’s position as a global lifecycle partner for such solutions.
US key companies at 16.17 – IBM rises 5.3 percent
Sector/companyPriceChange todayChange this yearTimeAluminumAlcoa41,36-1,5%-22,2%16:17:55Banking & FinanceAmerican Express300,50-1,1%-18,8%16:17:54Bank of America53,12-2,4%-3,4%16:17:57Citigroup125,15-3,3%7,2%16:17:55Goldman Sachs886,65-1,5%0,9%16:17:52JP Morgan Chase326,99-1,2%1,5%16:17:38Morgan Stanley184,61-1,8%4,0%16:17:49Wells Fargo78,38-2,1%-15,9%16:17:57ApparelAbercrombie136,241,2%8,2%16:17:51Bath & Body Works16,393,0%-18,4%16:17:54Gap22,73-0,5%-11,2%16:17:44TJX133,030,6%-13,3%16:17:48BiotechAmgen416,77-1,1%27,3%16:17:55RetaileBay105,62-0,4%21,3%16:17:22Home Depot278,37-2,2%-19,1%16:17:58Walmart104,330,4%-6,4%16:17:42EnergyChevron205,740,7%35,0%16:17:53Conoco Phillips126,250,8%34,9%16:17:59Exxon Mobil163,130,2%35,6%16:17:48Halliburton31,74-0,2%12,3%16:17:35SLB48,10-1,3%25,3%16:17:55AutomotiveFord Motor12,00-0,5%-8,6%16:17:42General Motors76,83-0,2%-5,5%16:17:56Paccar109,71-0,1%0,2%16:17:58Tesla355,620,2%-20,9%16:17:56DefenseLockheed Martin508,73-0,1%5,2%16:17:35MiningFreeport McMoRan68,84-1,7%35,5%16:17:40SemiconductorsAMD605,69-1,0%182,8%16:17:59Intel118,43-1,5%220,9%16:17:57Nvidia229,810,6%23,2%16:17:57Qualcomm183,26-0,4%7,1%16:17:51STMicro52,99-0,7%104,3%16:17:53Texas Instruments279,36-0,3%61,0%16:17:41InvestmentBerkshire Hathawy496,70-0,3%-1,2%16:17:53Consumer goodsKimberly-Clark95,50-1,9%-5,3%16:17:38Procter&Gamble144,21-0,7%0,6%16:17:57Thor Industries67,94-1,7%-33,8%16:17:04Whirlpool30,37-1,0%-57,9%16:17:58FoodCoca-Cola86,640,7%23,9%16:17:56McDonald’s231,710,3%-24,2%16:17:59PharmaceuticalsAbbott Laboratories98,04-0,8%-21,8%16:17:55Bristol Myers Squibb61,79-1,0%14,5%16:17:44Eli Lilly1147,41-0,9%6,8%16:17:55Gilead Sciences148,38-0,4%20,9%16:17:48Johnson & Johnson262,79-0,7%27,0%16:17:55Merck144,57-0,5%37,3%16:17:55Pfizer28,50-0,1%14,4%16:17:52MedtechBoston Scientific43,57-0,2%-54,3%16:17:57Medtronic86,20-0,1%-10,3%16:17:38Steris208,81-0,6%-17,6%16:17:44Stryker275,640,1%-21,6%16:17:30MediaFox Corporation61,96-1,1%-15,2%16:17:55Netflix68,39-1,7%-27,1%16:17:55Spotify489,970,5%-15,6%16:17:45Networking equipmentCisco Systems108,140,5%40,4%16:17:53ShippingDiana Shipping2,801,6%68,4%16:17:37Star Bulk29,952,0%55,8%16:17:37Zim Integrated Shipping29,450,4%38,7%16:17:41SteelNucor231,46-1,0%41,9%16:17:40TechAlibaba108,290,7%-26,1%16:17:59Alphabet339,21-0,4%8,1%16:17:40Amazon247,29-0,7%7,1%16:17:42Apple329,97-1,0%21,3%16:17:57IBM231,695,3%-21,7%16:17:58Meta Platforms724,09-0,2%9,6%16:17:56Microsoft516,820,8%6,9%16:17:57Trimble57,981,5%-26,0%16:17:40TelecomAT&T24,540,6%-1,2%16:17:56T Mobile163,260,0%-19,6%16:17:48Verizon46,160,6%13,3%16:17:54TobaccoAltria66,86-0,7%16,0%16:17:45Philip Morris188,26-1,3%17,4%16:17:57TransportFedex285,070,0%22,6%16:17:57EngineeringBoeing187,050,5%-13,8%16:17:38Caterpillar808,08-0,2%41,1%16:17:53Cummins512,66-0,8%0,4%16:17:55Deere656,97-2,2%41,1%16:17:50Eaton426,16-0,8%33,9%16:17:53Emerson Electric156,280,8%17,7%16:17:41GE Aerospace312,470,1%1,5%16:17:56Honeywell211,910,5%3,6%16:17:58Ingersoll-Rand74,38-1,0%-6,1%16:17:40Kennametal30,25-1,5%6,5%16:17:54Parker-Hannifin950,47-0,5%8,1%16:17:21Rockwell Automation435,450,0%11,9%16:17:40RTX Corp185,680,0%1,2%16:17:55Stanley Black&Decker86,77-2,2%16,6%16:17:55Timken115,72-0,9%37,5%16:17:41Toro95,75-0,7%21,6%16:17:29Source: Factset
Report: Expensive fishing permits hamper new entry in Norway – Nofima
Nofima states in a new report that closed fisheries and subsequent structural measures have increased profitability and efficiency in Norwegian fisheries, but at the same time concentrated substantial value among fewer operators. The value of fishing permits has risen sharply, and high prices make it more difficult for new fishermen to establish themselves, which may […]
