Why did Saab move?
Written after the close on
Saab flat as broker upgrade offsets weak market. Saab AB (publ) on Nasdaq Stockholm ended the last five trading days roughly unchanged, in line with a flat Stockholm market, though it slipped slightly in the final session while the index fell a touch more. The most likely driver was a fresh buy recommendation from a major bank, which lifted the shares even as the wider market drifted lower. That followed last week's non-binding term sheet with Canada's defence procurement agency for six GlobalEye surveillance aircraft, a framework for talks rather than a signed order, which likely kept interest in the stock alive. Watch the late-October report for how orders and defence demand are developing.
More Stockholm companies
History in plain words, not investment advice.