Swedish stocks: Seen opening lower, Swedish Match Q3 profit beats expectations

Bergman & Beving AB

26/10/2018 07:51

** Swedish shares seen opening lower on Friday in line with European markets
    ** Asian shares tumbled to 20-month lows and S&P futures fell sharply at the
end of a turbulent week for financial markets on Friday, as anxiety over the
outlook for U.S. corporate profits added to lingering fears about global trade
and economic growth  urn:newsml:reuters.com:*:nL3N1X6204
    ** Swedish Match  SWMA.ST  operating profit above expectations  urn:newsml:reuters.com:*:nFWN1X51L4
    ** Electrolux  ELUXb.ST  trims demand outlook, sees higher costs as tariffs
bite  urn:newsml:reuters.com:*:nASP0001RO
    ** SSAB  SSABa.ST  forecasts firm demand as Q3 profit lags  urn:newsml:reuters.com:*:nASP0001RB
    ** SSAB to invest SEK 1 bln in Alabama steel plant  urn:newsml:reuters.com:*:nASP0001RG
    ** Thule Group  THULE.ST  Q3 Net Income At SEK 189 mln  urn:newsml:reuters.com:*:nFWN1X51R0
    ** Kindred  KINDsdb.ST  Q3 pretax profit rises  urn:newsml:reuters.com:*:nFWN1X51OJ
    ** Intrum  INTRUM.ST  Q3 adjusted EBIT rises year-on-year  urn:newsml:reuters.com:*:nFWN1X51QJ
    ** Bergman & Beving  BERGb.ST  Q2 operating profit grows to SEK 60 mln
 urn:newsml:reuters.com:*:nFWN1X51R1
    ** Ahlsell  AHSL.ST  Q3 EBIT rises to SEK 524 mln  urn:newsml:reuters.com:*:nFWN1X605U
    ** Skanska  SKAb.ST  develops, sells office buiding in Sweden, for about SEK
500 mln  urn:newsml:reuters.com:*:nASP0001RP
    ** Fingerprint Cards  FINGb.ST  Q3 operating profit falls  urn:newsml:reuters.com:*:nFWN1X51OE
    ** Pricer  PRICb.ST  Q3 operating profit rises to SEK 31 mln  urn:newsml:reuters.com:*:nFWN1X51L8
    ** Acando  ACANb.ST  Q3 operating profit rises to SEK 31 mln  urn:newsml:reuters.com:*:nFWN1X51KW
    ** Credit Suisse cuts SEB  SEBa.ST  target price to SEK 88 from SEK 86,
lowers SKF  SKFb.ST  to SEK 130 from SEK 160 
    ** Barclays lowers SKF  SKFb.ST  target price to SEK 132 from SEK 145, cuts
ICA Gruppen  ICAA.ST  target price to SEK 265 from SEK 250 
    ** Ericsson  ERICb.ST  agrees 5G partnership with Fujitsu  urn:newsml:reuters.com:*:nFWN1X51RM
        
 IG pre-market trading Stockholm OMXS30                     -0.5 pct
 Stoxx Europe 50 future                   STXEc1            -0.9 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     -0.8 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)