“H&M, Hennes & Mauritz”
“H&M lifts stock market – the result of the expectation”
“the stockholm stock exchange rose in the opening trade on Friday, but dropped slightly in the afternoon, so at the closing it was wide, the OMXS-index unchanged from the day before.”
“Despite the fact that the result was worse than last year, and inventories increased, as did investors thumbs up for the indextunga klädjätten Hennes & Mauritz. The stock rose 9.6 percent since the company reported results for the first quarter that exceeded expectations.”
“Among the other winners on the storbolagslistan OMXS30 stood out manufacturing enterprises. Alfa Laval and lastbilsjätten Volvo step both 2.0 per cent, while the mining company Boliden and the steel group SSAB climbed to 1.9 and 1.8 per cent.”
“On the förlorarsidan was Astra Zeneca, which dropped 6.1 per cent. The pharmaceutical company announced on Friday that they have entered into an agreement with japanese Daiichi Sankyo for to be able to sell a japanese anti-cancer drugs.”
“Byggjätten Skanska fell 3.2 percent despite the news of two big orders in the united states, together worth nearly a billion dollars.”
“the major Banks Nordea and Swedbank declined to 11.0, respectively, 7.6 per cent, which can largely be explained by the fact that the shares traded without dividend. Competitors, SEB and Handelsbanken, went back to 1.6 and 1.0 per cent.”
“The leading Europabörser steps: CAC40 index in Paris, 1.0%, DAX index in Frankfurt 0.9 per cent and the FTSE index in London up 0.6 per cent.”