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FNM — Ferronordic AB News Story

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Swedish stocks: Seen opening lower, Hexagon CEO faces new trial

** Swedish shares seen opening slightly lower on Friday, underperforming
major European markets 
    ** Asian shares rallied on Friday as risk appetite got a boost from soft
U.S. inflation, helping alleviate worries of faster rate hikes by the Federal
Reserve, while investors also cheered U.S.-North Korean steps to further ease
tensions on the Korean Peninsula  ID:nL3N1SI1TU 
    ** Hexagon  HEXAb.ST  said Ola Rollen would remain CEO even though he faces
an appeal against his acquittal in January over insider trading charges
 ID:nL8N1SG80F 
    ** The Chinese owner of Volvo Cars has hired three investment banks for an
initial public offering (IPO) this year that could value the Swedish carmaker at
between $16-$30 billion, a person familiar with the matter told Reuters on
Thursday  ID:nL8N1SI0DY 
    ** Opus  OPUS.ST  wins vehicle inspection concession in Chile
 ID:nFWN1SI0C7 
    ** IES  ENG.ST  buys English School Of Asturias  ID:nFWN1SI08Y 
    ** Kepler Cheuvreux raises Peab  PEABb.ST  to buy from hold, according to
newswire Direkt which refers to Bloomberg
    ** Business magazine Affarsvarlden gives buy recommendations for Electrolux
 ELUXb.ST , Ferronordic  FNMA.ST  and Nordic Waterproofing  NWGH.ST 

 IG pre-market trading Stockholm OMXS30                     -0.2 pct
 Stoxx Europe 50 future                   STXEc1            +0.1 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.8 pct 
 S&P 500 close previous trading day       .SPX              +0.9 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    

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

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