Swedish stocks: Seen opening higher

Atrium Ljungberg AB

16/04/2020 07:14

** Swedish shares seen opening higher on Thursday.
    ** German online fashion retailer Zalando  ZALG.DE , partly owned by
Sweden's Kinnevik  KINVb.ST , said it was optimistic for the second quarter
after sales picked up again in April following a decline in March as coronavirus
lockdowns were introduced across Europe.  urn:newsml:reuters.com:*:nL5N2C40LC
    ** Vacuum valve maker VAT Group  VACN.S , which like Atlas Copco's Vacuum
Technique business has high exposure to the semiconductor industry, saw strong
growth in Q1 orders, and said it expects its revenue and EBITDA margin to
improve in 2020 over 2019. urn:newsml:reuters.com:*:nFWN2C30ZU  
    ** Real estate group Atrium Ljungberg'S  ATRLJb.ST  Q1 profit before changes
in value rose slightly to 311 million SEK from 306 million in the year-earlier
quarter. The company removes its 2020 forecast, partly due to the difficulty in
assessing the effects of the coronavirus pandemic.  urn:newsml:reuters.com:*:nFWN2C31DL
    ** Deliveries of the six largest white goods categories in the United
States, a big market for Electrolux  ELUXb.ST , rose 5.8% in March, news agency
Direkt reports citing data from industry association AHAM.
      
 IG pre-market trading Stockholm OMXS30                     +0.5 pct
 Stoxx Europe 50 future                   STXEc1            +0.8 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     -0.7 pct 
 S&P 500 close previous trading day       .SPX              -2.2 pct 
 
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    

 (RM: johannes.hellstrom.thomsonreuters.com@reuters.net)