Swedish stocks: Seen opening roughly flat
13/01/2020 07:49
** Swedish shares seen nearly unchanged on Monday.
** China's Vinda 3331.HK , 52% owned by Swedish hygiene products maker
Essity ESSITYb.ST , rises 5.5% after predicting its operating profit for 2019
increased by more than 50%. urn:newsml:reuters.com:*:nFWN29G19B
** Citigroup lifts its recommendation for telecom equipment maker Ericsson
ERICb.ST to buy from neutral and raises the price target to 101 SEK from 95
SEK. Ericsson closed at 82.16 SEK on Friday.
** Elanders ELANb.ST said it was expanding a restructuring program
announced in November and adjusting historical errors in customer projects,
meaning 180 million SEK in one-off costs would now be charged to the Q4
operating result compared with the 60 million previously expected.
IG pre-market trading Stockholm OMXS30 +0.1 pct
Stoxx Europe 50 future STXEc1 unchanged
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS +0.6 pct
S&P 500 close previous trading day .SPX -0.3 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM: johannes.hellstrom.thomsonreuters.com@reuters.net)