Morgonrapport: Slightly negative introduction is expected after north Korea fired a new missile over Japan.

The OMXS30 managed on Thursday to establish itself over 1580 points, and closed finally, +0.47% just below the dagshögsta at 1587.52. The turnover increased and amounted to 18.3 billion kronor on the stockholm stock exchange. The USA closed in mixed noises during the night, while Asia is trading slightly to the plus despite the fact that north Korea fired a new missile over Japan during the night. Leading futures point to a small decline initially, with a couple hours left until the stockholm stock exchange opens…

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Today’s analysis

With a smaller growing köpstyrka managed OMXS30 establish a 1580 points, by means of a closure just below the dagshögsta at 1587.52.

The greater part of Thursday’s volume was within the 1582.50 – 1587.50, which may be considered to be positive in line with net sales clearly increased, and amounted to 18.3 billion.

With a little less than two hours left until the stockholm stock exchange, open, pointing the leading futures on a slight decline initially. As so traded u.s. S&P 500 the semester to slightly less after the night’s trading in Asia.

Despite the fact that north Korea fired a new missile over Japan, as a new provocation after the UN security council introduced new sanctions against the country, traded the Nikkei 225, more than half a percent up. At the same time, it may be that the effect is somewhat delayed, and that any concerns are increasing later in the morning.

The missile passed Japan and landed in the Pacific ocean about 2,000 miles east of Hokkaido, according to Japan’s chefskabinettsekreterare Yoshihide Suga.

An estimated, we are expected to start Friday at 1585 points, which means that if, as we hold a clear risk of profit taking, technical support level at 1580 points is in focus.

Why we have a risk of profit taking? The RSI indicator has now been overbought for three trading days in a row, and closed at 83.46 on Thursday, short-term overbought, we are as soon as we step over the 70-level.

Despite this, we still have their eyes on 1600 points, and believe that we can challenge this in the short.

It continues to be alarming, is that in line with the turnover on the stockholm stock exchange rose on Thursday, stack never köpstyrkan out.

Earlier in July, we could see that the sales volume stack properly, and then be weak again. 1580 points is now acting intensity, but the question is whether it will hold if we get an airing and profit taking.

The price level was previously hard to beat in years, and we have now received additional strength by the fact that we in the week not only stepped above the MA 50, but also the long-term partner in the form of the 200 day moving average, we have been trading for two trading days in a row.

This in itself is positive, and we are expected to keep the land above, and not on the new challenge of 1560 points, until we have at least been up and tested the 1600 points.

It required no major decline, but it is enough at the same time that we have a balancing of 1580 points, and the consolidation of a few days to allow the RSI to return to the non-short-term overbought territory.

We would, however, get increasing köpstyrka, and net sales to increase on the stockholm stock exchange in consonance with the emergence of a significant challenging of 1600 points, we would in such a scenario, instead having to turn the attention to the 1660 points on the new.

Technical resistance levels ahead of today’s börsöppning are still at 1600, 1616, 1630 points. Support levels await already in 1580, 1570, 1560, 1550, 1540 points.

H&M presents this Friday the sales figures for the third quarter are already at 08:00, and is a indextungt company, whereupon a lunge with the deviant figures can come give a warm both cold shower to the OMXS30 index.

On makroagendan roll it into the balance of trade within the EMU, while in the US we get retail sales and industriproduktionssiffror. During the day, it is also the eurogroup meeting in Tallinn.

What hålltider and the company reports the next weeks you can read here.

Yesterday’s main börshändelser.
Focus on Autoliv after the initially increase of over +10 percent.

Discussions on the division of the company into two parts, and uppjusterat sales targets contribute to the fuel on Thursday.

Autoliv rose sharply on Thursday morning, after it was revealed in a press release during the capital markets day that the company must initiate a strategic review of the verksamhetsstrukturen.

In the press release, it was revealed that it intends to split the company in two parts, within the business segments-Passive Safety and Electronics.

”The intention is to create two listed companies, can address two differentiated, expanding markets with leading products and thereby create additional value for shareholders, customers and other stakeholders compared with the common structure which Autoliv has today,” wrote the company.

”Just in case a breakdown takes place, is expected to process, in most scenarios, take about a year. Updates with regard to the strategic review will be made when new information is available.” said the company’s ceo Jan Carlsson.

The company uppjusterade at the same time on Thursday, sales targets, which is expected to exceed usd 12 billion in 2019 in the existing structure, against the earlier target to ”reach” the 12 billion in the same year.

At the same time nedjusterades target margin for the business area Electronics profitability in 2019 from 8-9 per cent to 0-5 per cent. ”A lot has happened since the last target was set two years ago.” said the company’s ceo.

Despite Thursday’s rise, the company’s share have fallen -3.40 percent since the end of the year.

Catena Media are falling like a stone when the major shareholder has reduced its holding.

Fell initially -9.0 per cent on Thursday morning.

Catena Media launches in clearly negative territory on Thursday, after it emerged that the three major shareholder in the company, Optimizer Invest, the Avenue and the Pixel Wizard sold 2 million shares, at a price of sek 80 per share.

The company’s ceo Robert Andersson, increased its previous holdings on 6 september, with 1,500 shares in the company at a rate of 92.28 dollars.

Catena Media is traded since september 4 on the stockholm stock exchange, Mid Cap, after having previously been listed on First North Premier.

After three months, the company’s share now lost -16.67%.

Norwegian soars dramatically after a major shareholder increased shareholdings!

HBK Holding have purchased additional 803.000 shares in the company.

Norwegian rose sharply on Thursday, after it emerged that HBK Holding with Bjørn Kjos in ägarspetsen bought 803.000 shares in the airline for 240 nok per share.

After the transaction takes HBK Holding 9.6 million shares in the airline, which corresponds to more than 26.8% of the capital.

The stock rose initially above +10 per cent to sek 239 sek, and challenged the long-term 200-day moving average.

On Thursday, it emerged also that the airline is still for talks with Ryanair about a possible cooperation, the relevant connecting flights.

The Norwegian has already signed a similar agreement with EasyJet, according to Reuters.

Hålltider during the day

Company reports

  • H&M presents the sales figures for the third quarter 8.00
  • Multidocker
  • Next

Ex-dividend

  • Ramirent (0:20 eur half-yearly)

Macro statistics

  • Finland: GDP and indicator of July at 8.00
  • EMU: balance of trade July at 11: 00 a.m.
  • EMU: labour costs 2 kv at 11: 00 a.m.
  • EMU: vacancies 2 kv at 11: 00 a.m.
  • Ireland: GDP q2 12.00
  • USA: Empire manufacturing index of september at 14.30
  • U.S.: retail sales August at 14.30
  • United states: industrial production, capacity utilization August at 15: 15
  • USA: Michiganindex (tbc) september at 16.00
  • United states: stock of unsold goods in July at 16.00

Other

  • EMU eurogroup meeting in Tallinn at 9: 00 am

All börshändelser and estimates for the week can be found here!

Latest börsnyheterna

The stockholm stock exchange was up slightly on Thursday, with major fluctuations in Autoliv, and Cloetta. Autoliv became a winner after the notice of a division of bilsäkerhetsbolaget during a capital markets day while konfektyrbolaget Cloetta fell after a profit warning.

At the close of trading was storbolagsindexet OMXS30 index up by 0.5 per cent to the level of 1.588. The turnover on the stockholm stock exchange low of 18.3 billion.

Autoliv climbed 11 percent. In addition to the intention to split the company, with the related new goals for the respective elements, were also supplied updated targets for the existing structure. Autoliv aims to have sales exceeding usd 12 billion in 2019 in the existing structure. It should be set against the previous objective that the company would ”reach” the 12 billion in the same year.

Among the other companies placed Fingerprint high in the OMXS30 index with a rise of over 2 per cent, while SSAB took a sistaplats with a drop of 1.5 per cent.

H&M, improved 2 per cent ahead of Friday’s sales report for the third quarter. Clothing chain is expected, according to SME direkt have increased sales by 5.0 percent to 51.621 million in its third quarter for the summer period June to August.

The shareholders got a taste of a sour caramel when konfektyrbolaget vinstvarnade for the third quarter. A damaged production line at the factory in Turnhout, Belgium is located behind the profit warning. The shares fell by 11 per cent.

Catena Media, declined nearly 7 percent, to 80:50 sek. The price in the location where the three major shareholder has reduced its holding was sek 80. All in all were placed 2 million shares, which can be compared with the intention, as announced on Wednesday, which was to sell 2-3 million shares.

SAS lifted more than 1 per cent. The strike by the airline’s Norwegian pilots are called off since the two Norwegian trade unions the NSF and SNF and SAS have signed a three-year agreement.

The VBG was noted 2.6 per cent higher. The company announced in the morning an order worth 13 million dollars the supply of electrical climate system to the american bus manufacturer Eldorado National.

Intrum Justitia’s ceo Mikael Ericson has previously flagged that he intended to increase his holdings in the kredithanteringsbolaget. Now he has purchased the 11,000 shares, and the stock market reacted to the Company, with a rise of 3.4 per cent.

Many of Wednesday’s kursvinnare went up on Thursday. Hansa Medical rose more than 5 percent, the Gaming Corps were up 10 percent and Tobii was recorded less than 2 per cent higher.

Paradox was rewarded with a rise of 8 per cent. Danske Bank has launched coverage of the gaming company with the recommendation buy and a price target of 94 dollars.

Avega and Cinnobers shares advanced both two up to 7 percent after the advice in the world of Business.

FM Mattson went up almost 5 percent after Kepler Cheuvreux raised the coverage with a buy recommendation.

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Recent trends (~there is a 06:40)

The OMXS30
EURO STOXX 50
Frankfurt DAX
The London FTSE 100
THE S&P 500
The DJIA
The Nasdaq Comp.
The NIKKEI 225
HANG SENG
EUR/USD
EUR/SEK
USD/SEK
WTI Semester
Brent Semester
1587.52
3526.48
12540.45
7295.39
2495.62
22203.48
6429.08
19913.03
27861.42
1.19
9.53
8
49.75
55.3
0.47%
0.09%
-0.10%
-1.14%
-0.11%
0.20%
-0.48%
0.53%
0.30%
-0.03%
0.07%
0.05%
-0.28%
-0.31%

 

Stock and Technical Analysis each day at 10.00 am

By: Michael Andersson for Tradingportalen/Agency Directly.
Questions and comments always welcome in the newsroom[at]tradingportalen.com

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