Swedish stocks: Seen opening higher, H&M flags more markdowns

Coala-Life AB (publ)

27/03/2018 07:47

** Swedish shares seen opening higher on Tuesday, somewhat underperforming
major European markets 
    ** Stocks cheered by chance of trade detente  ID:nL3N1R91NS 
    ** H&M  HMb.ST  says higher inventories will lead to increased markdowns
also in the second quarter, Q1 pretax dives in line with expectations
 ID:nFWN1R900V 
    ** Skanska  SKAb.ST  invests EUR 96 mln in office project in Finland
 ID:nASO0002N0 
    ** Bygghemma Group's  BHGF.ST  IPO set at SEK 47.50 per share, trading
starts today  urn:newsml:reuters.com:*:nFWN1R903H
    ** RNB  RNBS.ST  Q2 operating profit falls to SEK 4 mln  ID:nFWN1R900H 
    ** JP Morgan raises Assa Abloy  ASSAb.ST  target price to SEK 200 from SEK
195 vs closing price of 171.55 crowns on Monday 
    ** Danko Maras has been appointed as Intrum's  INTRUM.ST  new CFO
 ID:nFWN1R80XM 
    ** Ericsson  ERICb.ST  wins network order from Maltese Melita
 ID:nFWN1R901B 
        
 IG pre-market trading Stockholm OMXS30                     +1.2 pct
 Stoxx Europe 50 future                   STXEc1            +1.7 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +1.0 pct 
 S&P 500 close previous trading day       .SPX              +2.7 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    

 (RM:olof.swahnberg.thomsonreuters.com@reuters.net)