Swedish stocks: Seen opening higher, Skanska announces several large contracts

Dustin AB

09/01/2019 07:51

** Swedish shares seen opening higher on Wednesday in line with European
markets 
    ** Asian shares rise to 3-1/2-week high on U.S.-China trade optimism
 urn:newsml:reuters.com:*:nL3N1Z92BQ
    ** Jefferies cuts H&M  HMb.ST  target price to SEK 135 from SEK 145 vs
closing price of SEK 133.90 on Tuesday 
    ** Barclays cuts Hexagon  HEXAb.ST  target price to SEK 380 from SEK 430 vs
closing price of SEK 415 on Tuesday
    ** DNB cuts its recommendation for Sandvik  SAND.ST  to hold from buy,
according to news agency Direkt
    ** Dustin  DUST.ST  Q1 adjusted EBITA rises to SEK 162 mln  urn:newsml:reuters.com:*:nFWN1Z90GT
    ** Skanska  SKAb.ST  completes Croton-Harmon Shops and Yard Project In New
York, contract worth 3.3 bln SEK  urn:newsml:reuters.com:*:nFWN1Z90HB
    ** Skanska  SKAb.ST  divests hotel in Denmark for about SEK 920 mln
 urn:newsml:reuters.com:*:nASP0004GA
    ** Skanska to renovate and expand school in Massachusetts, contract worth
about 2.2 bln SEK  urn:newsml:reuters.com:*:nASP0004G5
    ** Skanska wins contract in Oregon worth 670 million SEK  urn:newsml:reuters.com:*:nL8N1Z90KH
    ** Sandvik buys round tools maker Wetmore Tool & Engineering  urn:newsml:reuters.com:*:nASP0004GB
    ** Bank of America Merrill Lynch raises Essity  ESSITYa.ST  to buy from
neutral, Direkt reports referring to Bloomberg
       
 IG pre-market trading Stockholm OMXS30                     +0.6 pct
 Stoxx Europe 50 future                   STXEc1            +0.8 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +1.5 pct 
 S&P 500 close previous trading day       .SPX              +1.0 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    

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