Swedish stocks: Seen opening flat, H&M Q4 sales nearly match expectations
17/12/2018 07:51
** Swedish shares seen opening nearly unchanged on Monday in line with
European markets
** Asian share markets ticked up on Monday as investors cautiously looked to
whether key policy events in the United States and China could allay concerns
about slowing global economic growth urn:newsml:reuters.com:*:nL3N1YM2DE
** H&M HMb.ST sales grow roughly in line with expectations in
Q4 urn:newsml:reuters.com:*:nL8N1YM11J
** ABB ABB.ST to sell Power Grids division to Hitachi in $11 bln deal
urn:newsml:reuters.com:*:nL3N1YM1K1
** British online fashion retailer ASOS ASOS.L , competitor to Zalando
ZALG.DE in which Kinnevik KINVb.ST has a 32 pct stake, lowered its annual
margin and sales growth forecasts on Monday after November trade fell short of
expectations urn:newsml:reuters.com:*:nASP0003VR
** Credit Suisse raises Boliden BOL.ST to neutral from underperform, cuts
target price to SEK 180 from SEK 210 vs closing price of SEK 201.65 on Friday
** HSBC cuts SKF SKFb.ST target price to SEK 150 from SEK 185 vs closing
price of SEK 133.25 on Friday
** Assa Abloy ASSAb.ST buys door sealing systems maker Lorient
urn:newsml:reuters.com:*:nASP0003VJ
** Ahlsell AHSL.ST says, following public offer, appoints an independent
bid committee urn:newsml:reuters.com:*:nFWN1YJ0N6
** Business daily Dagens Industri gives a buy recommendation to Beijer Alma
BEIAb.ST
** Alpha Value cuts Oriflame ORIFL.ST to accumulate from buy, newswire
Direkt reports referring to Bloomberg
** Kepler Cheuvreux cuts Dometic DOMETIC.ST to hold from buy, lowers
target price to SEK 65 from SEK 100 vs closing price of SEK 58.40 on Friday
IG pre-market trading Stockholm OMXS30 +0.1 pct
Stoxx Europe 50 future STXEc1 +0.1 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS +0.3 pct
S&P 500 close previous trading day .SPX -1.9 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM:olof.swahnberg.thomsonreuters.com@reuters.net)