Swedish stocks: Seen opening slightly higher, Sandvik Q4 profit just above forecast

Hufvudstaden AB

21/01/2019 07:45

** Swedish shares seen opening marginally higher on Monday, outperforming
European markets
    ** Asian markets kept their nerve on Monday as data showed the Chinese
economy slowed at the end of last year, underlining the urgent need for more
stimulus as Beijing wrestles with the United States over trade
    ** Metal-cutting tools and mining gear maker Sandvik  SAND.ST  Q4 earnings
and orders just above forecast  urn:newsml:reuters.com:*:nFWN1ZL05T
    ** Sandvik wins several orders worth about 1 bln SEK combined  urn:newsml:reuters.com:*:nFWN1ZL05P
    ** Engelska Skolan  ENG.ST  Annette Brodin Rampe leaves position as CEO 
    ** Handicare  HANDI.ST  anticipates Q4 profit to be lower than expected
 urn:newsml:reuters.com:*:nFWN1ZL05S
    ** Barclays initiates coverage of Hufvudstaden  HUFVa.ST  with "underweight"
rating, Fabege  FABG.ST  with "overweight" rating and Castellum  CAST.ST  with
"equal weight" rating
    ** Goldman Sachs cuts its recommendation on Loomis  LOOMb.ST  to "neutral"
from "buy", according to news agency Direkt
    ** JP Morgan cuts its recommendation on Castellum to "neutral" from
"overweight", according to news agency Direkt
        
 IG pre-market trading Stockholm OMXS30                     +0.1 pct
 Stoxx Europe 50 future                   STXEc1            -0.3 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.2 pct 
 S&P 500 close previous trading day       .SPX              +1.3 pct 
 
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB  

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