Swedish stocks: Seen opening lower, SEB Q1 profit beats forecasts
30/04/2019 07:52
** Swedish shares seen opening lower on Tuesday, slightly underperforming
European markets
** Shares in Asia fell on Tuesday as readings on China's manufacturing
activity failed to meet expectations, underscoring weakness in the world's
second-largest economy despite Beijing's attempts to spur growth
** Banking group SEB SEBa.ST reported first-quarter operating profit above
market expectations on Tuesday and called for joint initiatives between banks,
regulators and authorities to combat money-laundering urn:newsml:reuters.com:*:nL5N22C0TC
** SKF SKFb.ST names Basware finance head Niclas Rosenlew as CFO
urn:newsml:reuters.com:*:nL5N22C1PL
** Mining equipment maker Epiroc EPIRa.ST reported quarterly order intake
just below analysts forecasts on Tuesday and said it expected demand to remain
at the current level in the near term urn:newsml:reuters.com:*:nL5N22C16T
** Citigroup starts coverage of Nordic Entertainment Group NENTb.ST with
buy rating, price target SEK 275
** Deutsche Bank cuts its recommendation on Boliden BOL.ST to sell from
hold urn:newsml:reuters.com:*:nL5N22C1W1
** SHB cuts its recommendation on Hexagon HEXAb.ST to hold from buy,
according to news agency Direkt
** Kepler Cheuvreux cuts its recommendation on Assa Abloy ASSAb.ST to hold
from buy, according to news agency Direkt, which refers to Bloomberg
** CTT Systems CTTS.ST Q1 EBIT up at SEK 23.2 mln
** Sportamore SPOR.ST Q1 operating income up at SEK 233.7 mln urn:newsml:reuters.com:*:nFWN22B18C
IG pre-market trading Stockholm OMXS30 -0.5 pct
Stoxx Europe 50 future STXEc1 -0.2 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS -0.6 pct
S&P 500 close previous trading day .SPX +0.1 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM: helena.soderpalm.thomsonreuters.com@reuters.net)