Swedish stocks: Seen opening higher, Electrolux Q4 profit beats forecasts

Hexpol AB

01/02/2019 07:48

** Swedish shares seen opening higher on Friday in line with European
markets
    ** Asian shares backed away from four-month highs on Friday as a dismal
survey on Chinese factory activity dulled optimism about the prospects for a
Sino-U.S. deal on tariffs
    ** Home appliance maker Electrolux  ELUXb.ST  said late on Thursday it would
spin off its Professional Products business  urn:newsml:reuters.com:*:nL5N1ZV7O4
    ** Electrolux Q4 profit tops forecast, sees less headwind on costs
 urn:newsml:reuters.com:*:nFWN1ZV12V
    ** Investor  INVEb.ST  supports Electrolux proposal to split the group
    ** SHB cuts its recommendation on Essity  ESSITYa.ST  to reduce from
accumulate, according to news agency Direkt
    ** Epiroc  EPIRa.ST  buys U.S. water well drilling equipment distributor
    ** Hexpol  HPOLb.ST  Q4 operating profit SEK 522 mln  urn:newsml:reuters.com:*:nFWN1ZV19Y
    ** Net Insight  NETIb.ST  signs key Sye agreement for live streaming
    ** Micro Systemation  MSABb.ST  Q4 EBIT falls to SEK 8.8 mln 
    ** Tobin Properties  TOBINpref.ST  cuts 2018 operating result forecast
        
 IG pre-market trading Stockholm OMXS30                     +0.3 pct
 Stoxx Europe 50 future                   STXEc1            +0.2 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     unchanged 
 S&P 500 close previous trading day       .SPX              +0.9 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

 (RM: helena.soderpalm.thomsonreuters.com@reuters.net)