The Stockholm stock exchange began Monday trading around flat as the oil price rises, with Brent crude up 1.3 percent. On the international front, US President Donald Trump has rejected Iran’s proposal to reopen the Strait of Hormuz and resume nuclear negotiations.
At 09.13, the OMXS30 index was down 0.06 percent at 3,293.05. Shares worth approximately SEK 1.3 billion were traded on the Stockholm stock exchange.
Among the exchange’s larger industrial sectors, healthcare had the best performance, rising 1.1 percent. At the other end, basic materials and technology were at the bottom, each down 0.8 percent.
Among the leading shares included in the OMXS30 index, EQT rose 1.1 percent while Astra Zeneca was up 1.1 percent. Boliden had the weakest performance, down 3.0 percent, while Evolution fell 3.0 percent.
Better Collective cuts its 2026 outlook and pauses its forecasts for 2027–2028 following Brazil’s ban on betting and online gambling. The company is also suspending its share buybacks. The forecast for organic revenue growth is cut to 3–8 percent and EBITDA growth before special items to -7 to +3 percent. The share price falls nearly 24 percent.
Kambi and Betsson assess that Brazil’s new ban on online gambling will have limited significance for the companies, according to EFN following Friday’s announcement by President Luiz Inácio Lula da Silva. The shares were down 0.5 percent and 2.3 percent, respectively.
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 revenue in the short term, according to Pareto.
Defence technology company W5 Solutions preliminarily expects an EBIT result of SEK -30 million to -20 million in the third quarter, compared with SEK 1 million a year earlier. Revenue is simultaneously expected to increase by approximately 90 percent. Project delays shift approximately SEK 20 million in EBIT to the fourth quarter, while the 2027 targets remain unchanged. The share price fell nearly 15 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 SEK 17 million and an EBITA result of around SEK 2.5 million. The share price fell 2.1 percent.
Monday has brought a hefty flow of analyst research:
Installations company Instalco is upgraded by Pareto Securities to Buy from Hold. The share price rose 3.4 percent.
Probiotics company Biogaia is upgraded by SB1 Markets to Buy from Neutral. The price target is reiterated at SEK 135. The share price increased 1.9 percent.
Lighting fixture company FM Mattsson is downgraded by SB1 Markets to Neutral from Buy, while the price target is raised to SEK 125 from SEK 110. The share price fell 0.8 percent.
Hotel property company Pandox has initiated coverage by Kempen with a Neutral recommendation and a price target of SEK 170. Nordea simultaneously downgrades the share to Hold from Buy. The share price dropped 1.3 percent.
Medical technology company Cellavision has initiated coverage by Arctic with a Buy recommendation and a price target of SEK 205. The share price rose more than 2 percent.
Real estate company Cibus is downgraded by Nordea to Hold from Buy. The share price fell more than 4 percent.
Niche bank Avarda Bank has initiated coverage by Nordea with a Buy recommendation and a price target of SEK 245. The share price rose more than 2 percent.
Fire safety company Firefly receives a Buy recommendation from Aktiespararna. The share price rose just under 2 percent.
Medical technology company Elekta receives 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 price was up 2.7 percent.
