Swedish market outlook 2026: momentum in focus

Research evidence excerpt

Swedish market outlook 2026: momentum in focus

While financials and DK companies doing new 3m relative highs

3M MAX 12M MAX 3M MIN 12M MIN 1M perf. 9M perf. P/E Sector

SKANDINAVISKA ENSKILDA BANKEN 2026-07-10 2026-01-02 2026-06-03 2026-06-03 9,63 16,92 12,10 Financials

JYSKE BANK 2026-07-10 2026-02-06 2026-05-06 2025-07-25 9,78 34,41 11,23 Financials

RINGKJOBING LANDBOBANK 2026-07-09 2025-08-06 2026-06-04 2026-06-04 12,39 16,76 15,78 Financials

GENMAB 2026-07-09 2025-10-16 2026-06-03 2026-06-03 16,20 - 8,59 20,10 Health Care

ALM BRAND 2026-07-09 2025-08-06 2026-06-01 2026-06-01 8,89 - 5,18 19,59 Financials

DANSKE BANK 2026-07-09 2026-07-09 2026-05-25 2025-07-17 11,70 45,76 11,96 Financials

SWEDBANK A 2026-07-09 2026-02-04 2026-05-14 2025-07-17 8,08 38,33 12,77 Financials

STOREBRAND 2026-07-08 2026-03-02 2026-06-04 2025-07-25 8,43 22,73 15,55 Financials

GJENSIDIGE FORSIKRING 2026-07-08 2025-08-06 2026-06-02 2026-06-02 7,52 - 0,38 17,03 Financials

ISS 2026-07-08 2026-07-08 2026-04-23 2025-07-14 7,27 39,71 13,73 Industrials

PANDORA 2026-07-08 2025-08-01 2026-04-13 2026-03-17 22,86 - 1,83 14,71 Consumer Discretionary

CASTELLUM 2026-07-07 2025-08-06 2026-06-22 2026-02-19 3,47 19,89 14,10 Real Estate

CARLSBERG B 2026-07-07 2026-02-12 2026-06-04 2026-06-04 7,98 25,61 13,65 Consumer Staples

NOVOZYMES B 2026-07-07 2025-07-18 2026-06-03 2026-06-03 8,34 7,43 26,70 Health Care

NORDEA BANK 2026-07-07 2026-01-02 2026-05-15 2025-07-17 6,42 28,55 11,37 Financials

SVENSKA HANDELSBANKEN A 2026-07-07 2026-02-25 2026-05-06 2025-07-16 6,78 32,90 12,35 Financials

Source: LSEG, ABG Sundal Collier

14 July 2026 ABG Sundal Collier 11