Swedish stocks: seen opening slightly higher in line with Europe
02/07/2019 06:42
** Swedish shares seen opening slightly higher, in line with European
indices.
** Asian shares show mixed development as weak global manufacturing activity
has reinforced worries about slowing growth while uncertainties over the
prospect of a Sino-U.S. trade deal. urn:newsml:reuters.com:*:nL8N24308M
** Nordic life sciences investment company Karolinska Development AB
KDEV.ST said late on Monday it had appointed Fredrik Jarrsten as Deputy Chief
Executive Officer and Chief Financial Officer.
** Engineering group Hexpol HPOLb.ST said late on Monday it had acquired
Preferred Compounding, an advanced rubber compounder in the United States.
Preferred had sales in 2018 of $240 mln and around 540 employees in six
facilities, five in the U.S. and one in Mexico.
** Installation firm Instalco INSTAL.ST said it had acquired VIP-Sahko Oy
in Finland, a company specialising in new construction of residential property
and offices. In the 2018/2019 financial year, its sales were SEK 95 million.
** Property firm Hemfosa HEMF.ST has acquired an office portfolio in
Finland with a majority of community services sector tenants, at an underlying
property value of approximately MSEK 465. Says the acquisition strengthens its
presence in the Helsinki area.
** Commercial property firm Fastpartner FPAR.ST publishes its second
quarter report.
IG pre-market trading Stockholm OMXS30 +0.2 pct
Stoxx Europe 50 future STXEc1 +0.1 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS +0.2 pct
S&P 500 close previous trading day .SPX +0.8 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM: esha.vaish.thomsonreuters.com@reuters.net)