Nasdaq OMX Stockholm - monday 27th 2016

The Nasdaq OMX initially fell almost 7 % to gain back approximately 1 percentage point to nearly 6 % by 10,30. Not surprisingly Nobia leading the fall with -15 %, the kitchen supplier with Britain as one of its largest revenue source is probably the most affected listed company on the Nasdaq OMX from the Brexit referendum. The footsey 100 hardly down 1 % and the DAX that has already taken the hit on friday trading near 0. From the OMX the companies with the largest amount of sales in Britain, leading the board with Orexo and Nobia with nearly haft their revenues from Britain followed by Fagerhult and Itab shop Concept with both nearly 30 % of their revenues from the island. These stocks have been affected the largest from the secluding of Britain and the uncertainty of the upcoming deal that must be negotiated between the EU and Great Britain. Handelsbanken which has the largest asset base of the Swedish banks in Great Britain was also badly affected loosing near 10 % on monday.

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