Stockholmsbörsen sharply lower

The market dropped considerably Thursday, and OMX Stockholm PI closed at 913 points after a decline of 3.4 percent. The index has never lost more in one day since Mar 15. 2023, when it was down 3.8 percent. The index has thereby closed down six out of the past seven days. The index is with that down 4.9 percent after the sell signal from the rectangle formation three days ago.

260 shares showed a gain and 663 showed a loss. 62 shares were unchanged and closed at the same price as the previous day. There was no trading in 46 shares.

Total value of the trading volume for shares and primary capital certificates Thursday was approximately 35.1 billion.

Volvo B fell sharply to close at 256 kronor, down 6.6 percent. We must go back to Mar 23. 2021 to find an equally steep drop. That time the stock lost 7.0 percent. The stock has thereby closed down six out of the past seven days. Technically, however, it looks good. The stock is trend wise positive in the medium term and a further increase is indicated.

Atlas Copco A closed at 152 kronor after posting a loss of 5.3 percent. The previous time the stock lost this much was Mar 24. 2023, when it closed down 5.8 percent. The stock has thereby closed down ten out of the past 13 days. The stock has by that dropped 9.2 percent since the sell signal from the rectangle formation six days ago.

Assa Abloy B ended with a steep loss of 4.9 percent and closed at 283 kronor. The previous time the stock lost this much was Jun 11. 2020, when it closed down 6.4 percent. Nor does it look good technically. The stock is assessed as technically slightly negative for the medium long term.

Sandvik closed at 194 kronor after a steep drop of 6.5 percent. The previous time the stock lost this much was Aug 26. 2022, when it closed down 6.6 percent. The stock has thereby closed down six out of the past seven days. Since the sell signal from the head and shoulders formation four days ago, the stock now has lost 11.1 percent.

Hexagon B ended with a steep loss of 8.1 percent and closed at 97.98 kronor. The previous time the stock lost this much was Jul 26. 2023, when it closed down 10.5 percent. The stock has thereby closed down six out of the past seven days. It does not look good technically either. The stock has marginally broken down through support at 98.50 kronor.

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Winners Thursday

Sound Dimension	83.82%
Arctic Minerals	21.64%
RanLOS	17.09%
Leading Edge Materials Cor	14.35%
Meriaura Group Oyj	10.10%

Losers Thursday

International Petroleum Co	-13.18%
Sinch	-11.01%
Wyld Networks	-10.64%
AVTECH Sweden B	-9.36%
ShaMaran Petroleum	-9.19%

Most traded Thursday

Volvo B	2623.55
SAAB B	2356.13
Investor B	2143.95
Atlas Copco A	1349.17
Svenska Handelsbanken ser.	1251.50

Today's free analyses SKF B

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