Trading based on technical analysis has its roots in the U.S. financial industry where it has long been common practice, in Sweden however the trading style has not had the same impact. Based on the results from the preliminary study we believe this is about to change and that the topic therefore requires further studying. Several online stockbrokers today provide information and tools for technical analysis to their clients. As the list of indicators to use for creating strategies is so immense it is interesting for an investor to know what actually could be the basis for a profitable investment strategy.

The primary purpose of this paper is to find the determinants of first-day returns on the Stockholm Stock Exchange. Our research will cover the 1996 ? 2004 periods. Our secondary purpose is intended to find a profitable trading strategy with regard to future IPOs on the Stockholm Stock Exchange. By using regression analysis, focusing on company specific factors and the IPO process, we hope to find a function exhibiting statistical significance, determining future first-day returns from which construction of a profitable trading strategy will be possible.

During the last decades the housing sector has increased continuously, and housings and services accounted for 40 % of the energy usage in Sweden during 2011. The expansion in number of buildings in society has resulted in an increase in both energy usage and emissions of greenhouse gases. It is crucial to enable a sustainable development of society and as a result, the demand to reduce the emissions of carbon dioxide is a current question. In this study, the carbon dioxide emitted from the housing sector in Stockholm is estimated. The housing sector can be divided into different types of houses such as apartment blocks, single-family houses and holiday houses. By collecting information of the energy purchased in respective households, a computational model is generated that calculates the total emission of carbon dioxide.

This study addresses mandatory non-trading periods for Swedish stock market participants which have implemented an open-market share repurchase program during the period 2000 until 2010. By locating the date of publication of interim reports, these mandatory non-trading periods called silent periods are examined. The result indicates that repurchase trading activity occurs despite the statutory prohibition. By studying the price support hypothesis assumptions about long- and short-term effect on share price and performance, this study tries to explain these tendencies. An average decline of share price and performance is shown among companies entering silent periods.

In organic animal production, synthetic amino acids are not allowed. Therefore, a higher level of crude protein is needed in the diet to pigs, which lead to more nitrogen (N) excreted in the faeces and urine. N can be emitted to the air in the form of e.g. ammonia (NH3), which contributes to eutrophication and acidification and as nitrous oxide (N2O), which is a very potent greenhouse gas. The emission of N can be reduced by e.g.

BAKGRUND: År 2007 infördes MiFID-direktivet bland EU:s medlemsländer vars främsta mål var att öka konkurrensen på den europeiska aktiemarknaden. I samma veva avskaffandes börsmonopolet vilket lett till att det idag finns fler handelsplatser som erbjuder aktiehandel, så kallade multilateral trading facilities (MTF). Genom denna etablering har aktiemarknaderna genomgått en marknadsstrukturförändring, vilket kan ha lett till förändring av transaktionskostnader och möjliggjort uppkomst av eventuella oväntade effekter. Det här är något som idag fem år efter implementeringen av MiFID-direktivet diskuteras frekvent.SYFTE: Huvudsyftet med uppsatsen är att kartlägga och utifrån institutionell teori analysera hur införandet av multilateral trading facilities förändrat och påverkat transaktionskostnader på svenska marknadsplatser som bedriver handel med aktier. Ett delsyfte är också att beskriva institutionen multilateral trading facility och dess framväxt.GENOMFÖRANDE: Studien har genomförts med ett kvalitativt tillvägagångssätt genom intervjuer med berörda parter på aktiemarknaden i Sverige.

Every day a large numbers of transactions occur by people with different backgrounds. Insiders? are a part of them and are considered to have an insight in companies that is not accessible to outsiders. This affects the market conditions for the participants when trading stocks, where individual participants regularly have the possibility to earn abnormal returns at the expense of others. Although Sweden, Germany and the United States continually keep developing the insider trading regulation, research shows that insiders? still have the ability to earn abnormal returns.

With increasing energy prices and increased focus on the environment we saw the need for companies to get control over their energy use and their emission of carbon dioxid. An analysis tool that integrates both these areas is, with our knowledge, not available on the market today. Therefore, our project became to develop such a tool.By doing this degree project we would like to clarify that energy consumption and environmental impact are integrated. The less energy consumed by today?s society the smaller the environmental impact will be.

As trading through advertisements increases, for example via advertisement websites such as Blocket, trading and contracting between individuals also increases. The contract law is the applicable legislation when individuals are trading between one another, because of the fact that individuals are to be considered equal against each another, and no consumer protection provisions are applicable. The contract law is not compelling, and general principles of contract law are therefore frequently applied within the legal area of contract law.Consistent declarations of intent shall have been delivered from both parties for a binding agreement to have been concluded. The declaration of intent, for example tender and acceptance are examples of a will to legally act. Other than tender and acceptance, the declaration of intent is usually difficult to establish and determine.In the event of the commencement of a negotiation stage between the parties, the declarations of intent are not deemed to be binding, but rather binding in the sense of a moral attachment for the parties.

Metan är en stark växthusgas som är viktig att ta med i beräkningarna när det gäller klimatförändringar. Feedback från myrmarker vid en ökad temperatur i samband med klimatförändringar har diskuterats, bland annat eftersom myrmarker är en källa för metan till atmosfären. Det finns många faktorer som påverkar metanemission, och en av dom är vegetation. Olika sorts vegetation tros bidra olika mycket till avgivningen av metan. Syftet med denna studie var att undersöka hur stor betydelse det har att ta med olika växtsamhällens sammansättning i beräkningarna för att uppnå korrekta uppskattningar av metanemission från myrmark på ekosystemnivå.

Uppsatsens syfte är att analysera om och i så fall hur införandet av en marknad för utsläppsrätter, EU ETS, The European Union Greenhouse Gas Emission Trading Scheme, är en effektiv åtgärd för att åtgärda externalitetsproblemet växthuseffekten. Uppsatsens slutsatser är att införande av EU ETS medför större samhällsekonomisk vinst än om EU ETS ej införts. Nuvarande utformning av EU ETS omfattar inte alla verksamheter som bidrar med utsläpp av växthusgaser och måste därför kompletteras med andra styrmedel för att uppnå reduktionsmålet. EU ETS kan bli ett effektivare styrmedel om fler sektorer omfattas i handeln, exempelvis transportsektorn som i Sverige är den sektor som förväntas öka sina utsläpp. Handelsystemet kan även effektiviseras genom att tilldelningen av utsläppsrätter sker via försäljning istället för att vara gratis.

Unmanned aerial vehicles (UAV?s) are nowadays greatly appreciated. The advantage over manned airplanes are great since UAV?s can be much smaller and therefore lighter. The goal of this project is to evaluate the performance of an environmentally friendly UAV using only lithium-ion batteries.

In developing countries such as Vietnam the population consumes more animal products for example milk and meat than before which requires greater livestock production. Ruminants contributes to more methane emission which creates a dilemma between food production and its environmental impact. By feeding ruminants with nutritive crops which humans can not assimilate the animal performance will increase in terms of better growth and milk production without inpinging on food that can be consumed directly by humans. Increasing animal performance reduces methane emission in terms of amount of methane in kg-1 milk and meat which today is much greater in developing countries than developed countries. The aim of the study was to investigate tropical tannin-rich legumes for their potential as a feed supplement for ruminants made in vitro.

The purpose of the study is to investigate whether insiders generate an abnormal return compared with other investors on the Swedish Stock Market. This abnormal return is defined as the cumulative average abnormal return (CAAR). The other purpose is to investigate whether it would be profitable for ?outsiders? to mimic the transactions of insider trades. The results indicate several significant abnormal returns on insider trades, especially on buy transactions.

The background of this work is the media discussion about the effect of cultivation on peatsoils on greenhouse gas emissions. It has been argued that row sown and intensivelycultivated crops such as carrots are more likely to emit carbon dioxide than for example grassleys. The association KRAV (an association promoting organic farming) shall, from this yearadapt their environmental policy to be more climate smart and have asked the question if thecultivation of some crops is more climate smart than others? Carbon dioxide emissions fromsoil are due to degradation of organic material and the rate is controlled by microbial activity.The microbial activity is determined by a variety of factors such as temperature, soil organicmatter quality and water content. I have measured the carbon dioxide emission from fourdifferent crops at two different farms.