New unrest in the Middle East appears to push down the Stockholm stock exchange
The Stockholm stock exchange is expected to start Monday lower after new unrest in the Middle East appears to be derailing peace negotiations.
ANNONS
This weekend, the USA seized an Iranian-flagged vessel in the Gulf of Oman after it failed to stop when ordered. The announcement came hours after Trump said that negotiators would arrive in Pakistan on Monday for new peace talks. From Tehran’s side, new peace talks are denied, according to the state news agency IRNA
The Euro Stoxx 50 futures are down 1.45 percent, the FTSE 100 futures are down 0.41 percent and the DAX futures are falling 1.44 percent.
The US S&P 500 futures are down 0.61 percent.
This morning’s news flow included a reverse profit warning from Proact. The data storage company assesses that the result for the first quarter of 2026 will be significantly better than expected. The positive deviation is explained by a combination of a higher gross margin driven by temporary market conditions and improved profitability as a result of implemented cost efficiencies, according to a press release.
The company’s preliminary review of the result for the period indicates that adjusted EBITA amounted to SEK 110-120 million, compared with SEK 79 million in the corresponding quarter last year. This corresponds to an EBITA margin of 9.0-9.5 percent, compared with 6.5 percent last year.
The major shareholders in technology company Sivers Semiconductors, Achilles Capital, and the parent company DDM Finance are applying for reconstruction after bond loans totaling approximately EUR 225 million mature in April 2026.
Property and investment company Lundbergs’ net asset value after deferred tax amounted to SEK 652 per share as of April 17, compared with SEK 587 at the turn of the year. The company announced this ahead of today’s annual general meeting.
Property company Emilshus is acquiring ten properties within light industry from property company Catena for SEK 614 million. The total lettable area amounts to 53,100 square meters with an annual rental value of approximately SEK 45 million. The properties are almost fully leased and will be taken possession of in July. The purchase price exceeds the latest valuation by around 8 percent, according to a press release from Catena.
Some recommendation changes were noted this morning.
JP Morgan lowers Essity to underweight from neutral, target price SEK 215
Dagens industri gives a buy recommendation on board game company Asmodee under the Weekly stock feature
RBC lowers SKF to sector perform from outperform, target price SEK 235
Aktiespararna gives a buy recommendation for Dometic
