The Stockholm Stock Exchange has retreated after an initial rise and is trading just below the flatline at midday. Friday's news flow was highlighted by Elanders appointing a new CEO, and Bioarctic announcing the potential for high royalty income from Leqembi sales.

At around 12:45 PM, the OMXS30 index was down 0.26 percent at 3,040.19. Shares worth approximately SEK 8.6 billion were traded on the Stockholm Stock Exchange.

Among the major industrial sectors, energy performed best with a gain of 1.47 percent. At the other end of the scale, basic materials lagged behind, falling 1.51 percent.

Among the leading stocks in the OMXS30 index, Essity B rose 1.5 percent while Tele 2 B was up 1.4 percent. Boliden saw the weakest performance, dropping 3.8 percent, while Sandvik was down 1.9 percent.

Research company Bioarctic's partner Eisai forecasts sales for the Alzheimer's drug Leqembi of 143.5 billion yen, equivalent to approximately SEK 8.4 billion, for the 2026/2027 fiscal year. This represents a 63 percent increase compared to the previous year. For Bioarctic, sales are expected to generate royalty income of approximately SEK 880 million during the period. Bioarctic rose 1.2 percent.

Service company Elanders has appointed Florian Beck as the new President and CEO, effective September 1. He succeeds Magnus Nilsson, who is stepping down as he turns 60. Nilsson has served as CEO for 17 years. The stock rose 0.4 percent.

Mining companies Boliden and Lundin Mining fell significantly at midday. Prices were pressured by lower metal prices, which also affected other European mining stocks. Boliden dropped 3.8 percent and Lundin Mining 5 percent.

Technology company Sivers Semiconductors has published its annual report for 2025 and adjusted previously reported figures as part of preparations for a possible dual listing in the US. The adjustments, linked to alignment with US accounting standards, include the reallocation of revenue, changed inventory valuations, and write-downs. The news broke after the market close on Wednesday. Sivers' stock fell 3.2 percent on Friday.

Software company Enea is postponing the start of the share buyback program approved at the Annual General Meeting. The decision follows the company's updated strategy for 2026-2028, presented in November 2025, which aims to accelerate growth and further improve profitability. The news arrived on Thursday when the exchange was closed. Enea's stock rose 4.4 percent.

Construction company Skanska has signed a contract for construction work for an unnamed customer valued at approximately SEK 1.9 billion. The order will be included in the order intake for Skanska Sweden in the second quarter. Skanska's stock fell 0.9 percent.

Fasadgruppen's CFO Casper Tamm is retiring and will remain as an advisor at least until the end of the year to ensure a smooth handover. Magnus Blomberg, currently Group Controller and Head of IR, has been appointed acting CFO from June 1 and will also retain responsibility for investor relations. Fasadgruppen's stock rose 3.6 percent.

Investment company Flat Capital surged 13.8 percent after its main holding, Klarna, showed revenue rising 44 percent in Q1.

Two fresh interim reports were also noted in the flow.

Foodservice company Nordrest increased its EBITA in Q1 to SEK 71 million, while revenue rose. Organic growth was 15.9 percent. The stock saw a decline of 2 percent.

Real estate company Tingsvalvet increased its profit from property management to SEK 19.1 million. Rental income also rose. The stock increased 2.9 percent.

Among today's stock recommendations, Goldman Sachs has upgraded Epiroc to buy (from neutral), with a price target of SEK 315 (230). Epiroc's A-share fell 0.5 percent.

BNP Paribas has resumed coverage of Evolution with an outperform rating and a price target of SEK 740. The stock rose 1.3 percent.

Aktiespararna is upgrading Lime Technologies to buy. The stock climbed 1.9 percent.

Arctic initiates coverage on SSAB with a buy rating and a price target of SEK 110. The stock rose 2 percent.