Why did Sagax stock fall on 8 October?
Written after the close on
Sagax −5.66%
Over the last five trading days Sagax fell clearly, and since the Stockholm market only slipped slightly, the shares moved more than the market as a whole. Sagax owns and rents out industrial and warehouse properties, so its shares are sensitive to interest rates and the cost of borrowing, which often move property companies together. Watch the next report and any news on financing conditions.