SSAB stock heads into the open after a 1.3% gain
Published on 09/18/2026 at 04:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SSAB stock closed at SEK 105.65 on Nasdaq Stockholm on September 16, 2026, gaining 1.25% from the prior session according to market data highlighted by MarketScreener on September 17, 2026. The shares stood roughly 49.90% above their level at the start of 2026 on that date, underscoring a strong year to date performance even as they remain below the more optimistic analyst targets.
September 16, 2026 in numbers
SSAB AB (ISIN SE0000108656) ended the session on Nasdaq Stockholm at SEK 105.65 on September 16, 2026, with a daily increase of 1.25% over the prior close as reported in a MarketScreener-based wrap carried by Ad-hoc-news. The same overview noted that the stock was about 49.90% higher since the start of 2026 as of that close, illustrating how the recent advance fits into a broader upward trend for the year.
In that context, the SSAB move was seen against a firmer backdrop for Swedish equities, with Stockholm exchange coverage on September 17, 2026 indicating that the market had shaken off recent concerns and moved higher in the midweek sessions, as described by Dagens Nyheter. While the precise intraday high, low and turnover for SSAB on September 16, 2026 were not broken out in detail in the same wrap, the confirmed closing level and daily percentage gain place the session in the moderate positive range, with the shares continuing to trade comfortably above early year levels.
Analyst call and events today
A key element in the recent discussion around SSAB is the latest analyst action by Oddo, which raised its price target to SEK 126 from SEK 115 and reiterated an Outperform rating on September 17, 2026, as reported by Ad-hoc-news. That new target sits around SEK 20.35 above the September 16, 2026 close, framing the upside analysts see from current levels as trading in the stock resumes today.
On the operational side, SSAB also remains linked to the development of fossil free steel production, with Vattenfall preparing new power lines for SSAB's fossil free steel mill as noted in a sector update on September 17, 2026 by Shanghai Metals Market, which continues to shape medium term expectations around SSAB's positioning in low emission steel. While no specific company earnings release or shareholder event dated September 18, 2026 is highlighted in the recent investor oriented material, the combination of the upgraded analyst target and ongoing infrastructure work for fossil free production provides the main context for how SSAB stock approaches today's opening auction on Nasdaq Stockholm.
