The Stockholm Stock Exchange opened up – Ericsson was surprised by its results


Stockholm

The Stockholm Stock Exchange opened on Tuesday and was up 1.2 percent immediately after opening.

The results for October-December are expected to be announced on Tuesday Ericsson the share price rose 6.5 percent. Ericsson’s operating profit and revenue increased in the fourth quarter of 2021 as analysts expected a decline.

Analysts also see a rise in the stock.

The Stockholm general index fell 4.9 per cent yesterday and the OMXS30 index of the 30 most traded stocks also fell 4.25 per cent.

During the day of the decline, the real estate and grocery trade held its ground the hardest. The index following Swedish companies in these sectors fell by 0.91 and 1.36 per cent.


Source: Arvopaperi by www.arvopaperi.fi.

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