Stockholm shares slightly higher midday |
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Published
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Thu, 11 Jan 2007 12:32
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STOCKHOLM (AFX) - Shares remained in slightly positive territory in midday trade, marginally extending the morning's gains on continued bargain hunting, dealers said.At 12.05 pm, the OMX Stockholm index was up 0.68 pct at 372.72 points, while the OMX Stockholm 30 index was up 0.79 pct at 1,142.04.The main sub-indices moving at midday were materials, up 0.98 pct; energy, 1.04 pct higher; and banks up 1.75 pct.The major movers within these indices were Lundin Mining, up 2.20 pct at 232.50 skr bid; Vostok Nafta, 0.98 pct higher at 462; and Swedbank A, up 2.81 pct at 256.Skanska B was up 2.52 pct at 142.25. The company announced order wins totalling 615 mln skr this morning.SCA B was up 1.52 pct at 368.50. The heavy electricity user is seen as benefitting from sharply lower electricity prices in the wake of the warm and wet winter, Dagens Industri reported.MTG B was up 1.38 pct at 440. MTG CEO Hans-Holger Albrecht said he will present new financial goals around mid-year, and said the company's 5-year growth focus will be on Europe, and that it might enter Africa and Asia in this period, but not North America, the newspaper Dagens Industri reported.TF.TFN-EuropeStockholm@thomson.comhc/jfrCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Stockholm shares AFX at a glance outlook 