Arco Vara (+1.52%), Pro Kapital Grupp (+1.08%) and LHV Group (+0.71%) are the fastest growing in the main list. PRFoods (-4.68%), Merko Ehitus (-1.27%) and Silvano Fashion Group (-0.69%) recorded the biggest losses.
LHV shares were traded today with a higher volume than usual, when the value of the bank’s shares reached 512,728 euros.
What else happened?
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The European Central Bank has decided to keep interest rates at the same level. The ECB said in a press release that, excluding the positive base effect due to energy prices on overall inflation, the downward trend in core inflation continued.
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Electric car maker Tesla released its quarterly report last night, showing that the company’s growth has slowed more than expected and that weaker growth is expected again this year. The stock has fallen about 9% since the market opened.
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Swedish banks had a bigger growth day today, with SEB up 5.2% and Swedbank up 4.5%. Today SEB announced its results, announcing that it intends to pay a regular dividend of 8.5 SEK per share, as well as an additional dividend of 3 SEK. In total, this puts the dividend yield at almost 8%, a similar yield to that of Swedbank, which released its quarterly results yesterday.
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Airobot Technologies, an Estonian stock company listed on the First North alternative stock exchange, achieved a turnover of 1,061,718 euros in the second half of the year, an increase of 66.1% compared to the previous year. The profit for the second half was 283,796 euros, of which 98,993 euros represent the capitalization of product development costs. At the end of the year, the company remained profitable with 95,647 euros.
While in Europe the stock markets were in the red in the first half of the day, after the central bank’s announcement the indices started to rise again. For example, the STOXX 600 rose 0.7% from the bottom for the day, but 0.2% overall for the day.
While many analysts predicted that sooner or later the economic recession would reach the United States, at the end of the year the economy of the world’s great power was stronger than expected. The U.S. economy grew 3.3% in the fourth quarter, when analysts had forecast average growth of 2%.
In the United States, stock markets opened on a positive note. At market open, the Dow Jones was up 0.3%, the S&P 500 and the Nasdaq Composite were up 0.5%.
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2024-01-25 14:41:01
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