The Stockholm stock exchange rebounded after opening lower and was trading up by midday on Monday. The development aligns with trends seen on leading European markets. In the news flow, Stillfront is making headlines as it plunges on the back of a billion-krona write-down.
As of 1:00 p.m., the OMXS30 index was up 0.37 percent at 3,037.77. Shares worth approximately 8.4 billion kronor had changed hands on the Stockholm exchange.
Among the exchange’s major industrial sectors, healthcare and finance performed best, each up 0.9 percent. On the other end of the spectrum, energy lagged behind with a decline of 4.2 percent.
Among leading shares included in the OMXS30 index, Astra Zeneca rose 2.6 percent while Nordea was up 2.2 percent. The weakest performer was Evolution, down 2.4 percent, while Saab B slipped 1.9 percent.
Gaming company Stillfront announced a write-down of 2,258 million kronor. At the same time, the company released its preliminary figures for the fourth quarter and for the full year 2025. For Q4, net sales are expected to reach 1,356 million kronor (down from 1,660), corresponding to an organic decline of 9.4 percent. The expected sales figure, according to Modular consensus, was 1,370 million. The stock dropped 8.6 percent.
Construction company NCC is in advanced talks to sell its industrial operations to a consortium including CRH, Heidelberg Materials, and Bouygues unit Colas, according to Bloomberg News citing sources. The deal could value the business, which accounts for about 20 percent of NCC’s revenue, at over 800 million dollars. The share rose 0.7 percent.
Education company Academedia reported higher revenue and operating profit for the second quarter of its broken fiscal year. The share was up 0.7 percent.
On January 30, Investor sold 5.0 million A-shares in SEB, where the investment company is the largest shareholder. The shares were sold at a price of 189.65 kronor apiece, a transaction worth 948.3 million kronor. SEB’s share increased by 1.2 percent.
Telecom operator Telia has completed its takeover bid for broadband operator Bredband2. Telia now controls 96.7 percent of the capital and votes in Bredband2. Payment for submitted shares will begin around February 6. Telia’s share climbed 1.7 percent, while Bredband2 was up 0.5 percent.
As gold and silver prices continue to fall, Lundin Gold’s share also declined, down 2 percent.
Mendus has drawn a loan facility of 30 million kronor from Fenja Capital. The share fell 9.7 percent.
On the analyst front, Handelsbanken downgraded its recommendation for Autoliv to “hold.” The share was up 0.6 percent.
Hexagon traded roughly unchanged. Pareto upgraded its recommendation to “buy” from “hold.”
Sinch dropped 2.6 percent. SEB downgraded its recommendation to “hold” from “buy.”
Mips slipped 0.4 percent. Dagens industri issued a buy recommendation for the share.
Pareto downgraded Platzer to “hold,” and the share fell 2 percent.
ABG Sundal Collier upgraded Byggmax to “hold” (from “sell”), with a target price of 55 kronor, and the share jumped 7.4 percent.
Swedencare slipped 0.4 percent. Nordea downgraded to “hold” (from “buy”).
DNB Carnegie downgraded Arjo to “hold” (from “buy”), with a target price of 30 kronor (down from 42), and the share dropped 0.9 percent.
Stillfront Group AB (publ) is a Sweden-based independent creator, publisher and distributor of digital games. The Company operates through a number of near-autonomous subsidiaries, including Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the United Kingdom and Sweden, and Dorado Online Games in Malta, Simutronics in the United States, and Babil Games in United Arab Emirates and Jordan, among others. The Company's games portfolio includes Call of War, DragonRealms, ManagerZone Football, Lara Croft Relic Run, Supremacy 1914 and Unravel, among others. The games are distributed globally, however the main markets are Sweden, Germany, the United States, United Kingdom, Middle East and North Africa.
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