The Stockholm stock exchange rose on Tuesday, although the rise slowed in the afternoon. Support came from gains on the stock exchanges in Frankfurt and Paris. In the news flow, it was noted that Arjo's CEO resigned, while Coor issued a profit warning for the fourth quarter.

At the close, the OMXS30 index was up 0.25 percent to 2,521.22. Shares worth around SEK 18.1 billion were traded on the Stockholm Stock Exchange.

The best performance among the stock exchange's major industrial sectors was real estate with a rise of 2.3 percent. At the other end of the scale, energy was at the bottom with minus 2.0 percent.

Among the leading shares, which are included in the OMXS30 index, Electrolux rose 3.1 percent while Sinch was up 3.0 percent. Nibe was the worst performer, down 2.6 percent, while SCA was down 2.3 percent.

Medical technology company Arjo announced that Joacim Lindoff is stepping down as CEO, following an agreement with the board. He has been CEO since 2017. Arjo also released preliminary figures for the fourth quarter, which were higher than analysts' expectations. Organic revenue growth was 3.1 percent and adjusted operating profit increased. The stock rose 3.2 percent.

Vehicle manufacturer Traton's vehicle deliveries were unchanged in the fourth quarter of 2024 compared to the corresponding quarter of 2023. For the full year 2024, there was a decline of 1 percent compared to 2023. Scania sold more vehicles in 2024 compared to 2023. This is mainly explained by a continued strong market in South America. Traton's share rose 3.0 percent and industry colleague Volvo was up 0.3 percent.

Property services company Coor issued a profit warning for the fourth quarter. The company expects sales in 2024 to be 2-3 percent lower compared to the previous year's fourth quarter and the ebita margin is expected to land between 3.1-3.3 percent, compared to 5.1 percent in the fourth quarter of 2023. The company is expanding its savings program and will now cut costs by SEK 120 million. The share fell by just over 13 percent.

Niche bank TF Bank expects the sale of a majority stake in Rediem to have a positive one-off effect on profit before tax in the fourth quarter of 2024 of SEK 103 million.
The board is considering proposing a one-off dividend of SEK 5 per share. The share rose 3.7 percent.

Tuesday offered several changes in recommendations. ABG Sundal Collier, Pareto and DNB all raised their recommendations for mining and rock excavation technology company Epiroc to buy ahead of the financial statements released on January 30. The A-share rose 0.8 percent.

Communications services company Sinch rose 3.0 percent. Morgan Stanley raised its recommendation to equal weight, from previous underweight.

Handelsbanken raised its recommendations for pattern drafting company Mycronic to buy, from hold, in the short term and to market perform from underperform in three years. The share climbed 4.1 percent.

Vehicle safety company Autoliv rose 2.5 percent after a buy recommendation from ABG.

Real estate company Sagax increased 5.5 percent after buy recommendations from Carnegie and Affärsvärlden.