The Stockholm Stock Exchange fell back on Tuesday. The stock market thus broke the recent positive trend and the OMXS30 index remains on nine consecutive days of gains. The news flow included a profit warning from Husqvarna and an interim report from Rusta.

The best performance among the stock exchange's major industrial sectors was real estate with a gain of 0.44 percent. At the other end of the scale, energy was at the bottom with minus 2.10%.

Among the leading shares, which are included in the OMXS30 index, Electrolux rose 2.9 percent while Evolution was up 0.7 percent. Sinch was the worst performer, down 2.3 percent, while Nibe was down 2.0 percent.

Forestry and garden products company Husqvarna issued a profit warning for the fourth quarter. The reason is "challenging market conditions with intensified campaign activities, especially in North America, as well as an unfavorable product mix," the company said. The company estimates organic sales to decline by 5% year-on-year and forecasts an operating loss of SEK 700 to 800 million, excluding items affecting comparability. Analysts had expected a loss of 326 million SEK, according to Factset. This is the second consecutive quarter that the company has issued a profit warning. The share fell by 6.0 percent.

Discount chain Rusta increased sales while operating profit and operating margin decreased in the second quarter of the broken fiscal year. The company revised its guidance from 40-60 to 50-80 new department stores over the next three years. Rusta notes that sales in November were good and that Christmas sales have started according to plan. In Sweden, the company sees good development with increased average receipts and customer traffic to the department stores. The share rose 0.6 percent.

The mining company Lundin Gold has given its production forecast for next year. Gold production is expected to be between 475,000 and 525,000 ounces at the Fruta del Norte mine in Ecuador, compared to the current year's target of 450,000 to 500,000 ounces. The stock fell 4.9 percent.

Ratos company Speed Group has signed an eight-year agreement with Ericsson linked to the company's logistics hub in Borås. The agreement covers logistics and production services and was signed following a procurement process. It is worth at least SEK 2.5 billion. Ratos rose 0.8%.

The battery charger company CTEK and General Motors have terminated the cooperation regarding the customized electric vehicle chargers marketed in North America since the third quarter of 2022.
CTEK takes one-off costs, mainly write-downs of capitalized development costs and inventory, of SEK 70-90 million. The share fell 6.0 percent.

Home electronics chain Kjell & Company will carry out a rights issue of at least SEK 200 million. The issue aims to finance a new automated central warehouse, an investment estimated at SEK 80 million during 2025-2026, and to strengthen the balance sheet. The share fell by more than 20 percent.

Carnegie said in an analysis that leisure product companies Dometic and Thule could be negatively affected in the wake of Husqvarna's profit warning. Dometic fell 1.7 percent while Thule was up 0.2 percent.

White goods company Electrolux's incoming CEO Yannick Fierling has bought shares for SEK 1.8 million. He will take over as CEO at the end of the year. The share rose 2.9 percent.

Nordea initiated coverage of the communication app Truecaller with a buy recommendation and a target price of SEK 62. The share fell 0.7 percent.