The Stockholm stock exchange opened Tuesday's session with a broad decline, heading for a fourth consecutive day of falling prices. Wall Street closed lower last night, and the major European markets are posting losses in line with those seen in Stockholm.
In the news flow, industrial group ABB and construction company Skanska have both announced new, higher margin targets in conjunction with their respective capital markets days. However, both stocks are down amid today's negative market climate. Optics chain Synsam is rising on the back of its earnings report.
After 30 minutes of trading, the OMXS30 index was down 1.52 percent at 2,694.50. During the session, the index has traded within a range of -1.62 percent at its lowest and -1.12 percent at its highest.
The broader OMXSPI was down 1.45 percent.
| Company | Change | Comment |
| Lipum | 19.1% | Merging with main owner Flerie |
| Synsam | 4.4% | Q3 revenue above expectations, EBITDA in line with consensus, strong organic growth |
| Clas Ohlson | 2.2% | Acquires majority stakes in Phonelife and Reservdelaronline |
| Yubico | 1.6% | Pareto upgrades to buy (hold), lowers target price to SEK 120 (from 130) |
| Beijer Ref | -0.8% | Acquires two US companies with combined sales of SEK 800 million |
| Flerie | -1.0% | Portfolio company Lipum merges into Flerie |
| Swedbank | -1.3% | Receives VAT refund of SEK 837 million from the Swedish Tax Agency |
| Ratos | -1.7% | Appoints former Elekta CEO Gustaf Salford as new CEO |
| Indutrade | -1.8% | Acquires Spanish company with sales of SEK 110 million |
| Skanska | -1.9% | Raises operating margin target for construction operations from 3.5 to at least 4.0 percent, secures order worth SEK 670 million |
| ABB | -4.0% | Raises margin target and tightens financial ambitions |
| Verve | -17.7% | Q3 revenue and adjusted EBITDA came in below expectations |
