Swedish stocks: Seen higher after China PMI surprise

Bimobject AB

01/04/2019 07:46

** Swedish shares seen opening higher on Monday after surprisingly strong
Chinese PMI's  urn:newsml:reuters.com:*:nL3N21J0MC urn:newsml:reuters.com:*:nL3N21J0MC
    ** CFRA raises its recommendation for H&M  HMb.ST  to hold from sell and ups
price target after Friday's earnings report. Separately news agency Direkt
reports that SEB, Nordea, HSBC and Societe Generale have all raised their price
targets for H&M 
    ** DNB lifts its price target for Hexagon  HEXAb.ST  to 535 SEK from 510 SEK
and repeats its buy recommendation, Direkt reports. Hexagon closed at 485 SEK on
Friday 
    ** Bimobject  BIMOB.ST  acquires French rival Polantis  urn:newsml:reuters.com:*:nFWN21G0YA
    ** Business daily Dagens Industri gives a "buy" recommendation for Resurs
 RESURS.ST  
        
 IG pre-market trading Stockholm OMXS30                     +0.7 pct
 Stoxx Europe 50 future                   STXEc1            +0.7 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.9 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: johannes.hellstrom.thomsonreuters.com@reuters.net)