Archive
Blecher: Swedish value stocks are attractive
Exchanges in Stockholm, the US and elsewhere show record highs while the pessimists screech Brexit, Trump and recession. The normally grisly October was a strong market month. Stockholm rose a...
Dream deal for Nent
Carnegie Småbolagsfond rose 0,2%. The good news this month was Nordic Entertainment, Nent, with its share price up 19%. It pulled off something of a dream deal by merging Viasat...
Clearing storm clouds leave room for positive reports
Improved global trade relations, an initial US-China trade deal and increased hope for an orderly Brexit sum up the October mood as global exchanges were pushed to record levels. The...
Long-awaited news from High Yield Select’s largest holding
Global risk appetite was buoyed in October by improved US-China relations, while central banks remained willing to support the economy as economic signals point the wrong way. Sweden’s Riksbank is...
Holmen’s assets are obviously undervalued
There were signs of improvement in October in two areas that have troubled the markets for some time. It seems the US and China may soon agree a Phase 1...
Flight shame
Carnegie Global fell 0.65 percent in October, making the gain so far this year 21.1 percent. Carnegie Global invested in Ryanair in 2018, and people have asked how this fits...
We applaud Nobina’s sustainability efforts
The Riksbank left interest rates unchanged again in October, very much as expected. More surprising was that it continues to communicate a likely increase in December. After that, the interest...
Surgut has cash of USD 50 billion
The Russian market was strong again in October, and Carnegie Rysslandsfond rose 2.3 percent. The big topic of the month was the surge of Surgutneftegaz common stock, which rose 20...
Improved US-China harmony
Asian stock exchanges were up in October. Carnegie Asia rose 1.9 %. Central banks continue to inject new liquidity into the markets. This means greater risk appetite and a macro...
Data is the new oil
The Indian market was up in October. Carnegie Indienfond rose by a slight 0.03%. The government implemented a reform last month that reduced corporation tax to 25%. This was very...
Interesting structure in Securitas
Despite continued macro signals of an economic slowdown, particularly in Europe, and several profit warnings pointing in the same direction, stock markets rose overall in September. At the same time,...
Mixed impressions from India trip
The Indian market was very strong in September. Carnegie Indienfond rose 7 percent. A week-long trip to India and meetings with 20 companies left a mixed impression. The economy is...
Three new Asian holdings
Asian stock markets performed positively in September. Carnegie Asia rose 2.7 percent. It is becoming increasingly clear that global economic activity continues to weaken. Statistics in the US, Europe and...
Upping stake in ever-misunderstood Skanska
The economy is starting to flag. German numbers have been bad for months and continue to worsen, Swedish numbers are following, and towards the end of the month US statistics...