The Stockholm Stock Exchange ended Monday lower, closing at the day’s low. On the global front, US President Donald Trump has rejected Iran’s proposal to reopen the Strait of Hormuz and resume nuclear negotiations. Oil prices rose as a consequence. Long-term yields also rose notably in the US.
At the close, the OMXS30 index was down 0.45 percent at 3 280.14. Shares worth approximately 21.4 billion kronor changed hands on the Stockholm Stock Exchange.
Among the exchange’s larger industrial sectors, energy performed best, rising 1.33 percent. At the other end of the scale, basic resources was at the bottom, down 0.96 percent.
Among the leading stocks included in the OMXS30 index, SEB A rose 0.9 percent, while Assa Abloy B was up 0.7 percent. Evolution was the weakest performer, down 2.5 percent, while Boliden fell 2.4 percent.
Better Collective lowers its guidance for 2026 and pauses its guidance for 2027–2028 following Brazil’s ban on betting and online gaming. The company is also halting share buybacks. The guidance for organic revenue growth is lowered to 3–8 percent and EBITDA growth before special items to -7 to +3 percent. The share plunged 33.2 percent.
Kambi and Betsson believe that Brazil’s new ban on online gaming will have a limited impact on the companies, according to EFN following Friday’s announcement by President Luiz Inácio Lula da Silva. Kambi recovered after an initial decline and rose 1.7 percent. Betsson fell 2.9 percent.
Brazil’s ban on sports betting and online casinos is expected to have a low to mid-single-digit negative impact on live casino developer Evolution’s revenues in the short term, according to Pareto. Evolution fell 2.5 percent.
Defence technology company W5 Solutions preliminarily expects an EBIT result of -30 to -20 million kronor in the third quarter, compared with 1 million a year earlier. Revenue is meanwhile expected to increase by approximately 90 percent. Project delays shift approximately 20 million kronor of EBIT to the fourth quarter, while the targets for 2027 remain unchanged. The share plunged 7.8 percent.
Industrial company Svevik Industri’s subsidiary Promoco Scandinavia is acquiring all shares in metalworking company Bjursås Mekaniska. The acquired company has revenue of approximately 17 million kronor and an EBITA result of around 2.5 million kronor. The share fell 4 percent.
Monday brought a substantial flow of analyst research:
Installation company Instalco was upgraded by Pareto Securities to Buy from Hold. The share rose 7.3 percent.
Probiotic company Biogaia was upgraded by SB1 Markets to Buy from Neutral. The price target was reiterated at 135 kronor. The share fell 1.5 percent.
Lighting company FM Mattsson was downgraded by SB1 Markets to Neutral from Buy, while the price target was raised to 125 kronor from 110 kronor. The share rose 1.3 percent.
Hotel property company Pandox had coverage initiated by Kempen with a Neutral rating and a price target of 170 kronor. Nordea meanwhile downgraded the stock to Hold from Buy. The share fell 4.1 percent.
Medical technology company Cellavision had coverage initiated by Arctic with a Buy rating and a price target of 205 kronor. The share fell 1.3 percent.
Real estate company Cibus was downgraded by Nordea to Hold from Buy. The share fell 4.1 percent.
Niche bank Avarda Bank had coverage initiated by Nordea with a Buy rating and a price target of 245 kronor. The share rose 3.9 percent.
Fire safety company Firefly received a Buy recommendation from Aktiespararna. The share increased 6.1 percent.
Medical technology company Elekta received a Buy recommendation from Dagens industri under the Stock of the Week feature. The newspaper sees approximately 30 percent upside over a one-year horizon. The share rose 3.3 percent.
