Swedish stocks: seen opening higher in line with Europe

Betsson AB

12/07/2018 07:47

** Swedish shares seen opening higher on Thursday in line with European
markets
    ** Stocks and commodities recovered slightly on Thursday as markets tried to
consolidate from the previous session's steep losses when fears of an escalation
in the U.S.-China trade war jolted investor sentiment
    ** Axis  AXIS.ST  Q2 operating profit rises  urn:newsml:reuters.com:*:nFWN1U801M
    ** Avanza Bank  AVANZ.ST  Q2 net profit falls to SEK 79 million 
    ** Nederman  NMAN.ST  Q2 operating profit SEK 67 million vs 61 mln a year
ago
    ** JP Morgan raises its target price on Lundin Petroleum  LUPE.ST  to SEK
259 from SEK 143
    ** Jefferies raises target price on Telia  TELIA.ST  to SEK 45.70. The
brokerage has a "buy" rating on the stock
    ** Pareto Securities raises its recommendation on SSAB  SSABa.ST  to buy
from hold, according to news agency Direkt
    ** Danske Bank raises its recommendation on Betsson  BETSb.ST  to hold from
sell, according to news agency Direkt
        
 IG pre-market trading Stockholm OMXS30                     +0.4 pct
 Stoxx Europe 50 future                   STXEc1            +0.3 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.5 pct 
 S&P 500 close previous trading day       .SPX              -0.7 pct 
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    

 (RM: helena.soderpalm.thomsonreuters.com@reuters.net)