Swedish stocks: Seen opening lower, H&M Q3 profit lags expectations

Dustin AB

27/09/2018 07:54

** Swedish shares seen opening lower on Thursday in line with European
markets 
    ** Fashion retailer H&M's  HMb.ST  Q3 pretax profit falls more than expected
as the implementation of a new logistics system weighed and inventories grew
 urn:newsml:reuters.com:*:nFWN1WD01N
    ** Hexagon  HEXAb.ST  makes impairment, specifies gain from sale of
BIMobject stake  urn:newsml:reuters.com:*:nFWN1WD02L
    ** Bioinvent  BINV.ST  signs agreement for development of Orticumab
 urn:newsml:reuters.com:*:nFWN1WC101
    ** SEB Equities raises Dustin  DUST.ST  to buy from hold, lowers target
price to SEK 90 from SEK 92 vs closing price of SEK 81.50 on Wednesday, news
agency Direkt reports referring to Bloomberg 
    ** DNB Market starts Bravida  BRAV.ST  coverage with buy recommendation and
target price of SEK 84, vs closing price of SEK 69.30 on Wednesday, according to
Direkt which refers to Bloomberg 
    ** Business magazine Affarsvarlden recommends buy for Acando  ACANb.ST ,
sell for Radisson Hospitality  RADH.ST  
        
 IG pre-market trading Stockholm OMXS30                     -0.4 pct
 Stoxx Europe 50 future                   STXEc1            -0.5 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     unchanged 
 S&P 500 close previous trading day       .SPX              -0.3 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    

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