Industrijätten leads stock market returns

Just before 11.00 am had the stock market’s broad OMXS-index went up by 0.5 per cent to sek 1,625. The turnover on the stockholm stock exchange was sek 2.3 billion.

Alfa Laval stated the increases in the storbolagsindex after the height recommendation. The stock rose 3.1 per cent to more than sek 179 sek.

”We expect a strong intjäningscykel driven by efficiency and growth initiatives, as well as the gradual recovery in the nyckelslutmarknader,” writes Bank of America Merrill Lynch who believe that Alfa Laval will go better than the sector thanks to a five-year long positive intjäningscykel.

Edgeware fell 20 per cent, of hygiene share Essity rose more than 2 percent.

Oljeaktien Lundin Petroleum rose nearly 1 per cent.

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