Swedish stocks: Seen opening higher, Industrivarden sells one quarter of ICA stake

Industrivarden AB

26/11/2018 07:38

** Swedish shares seen opening higher on Monday in line with European
markets
    ** Asian stocks and U.S. equity futures posted modest gains on Monday on
hopes of solid U.S. holiday sales, though risk appetite was tempered as plunging
oil prices fanned worries about the global economic outlook
    ** Kepler Chevreux cuts its price target on Volvo  VOLVb.ST  to SEK 150 from
SEK 160 and maintains its buy recommendation, according to news agency Direkt,
which refers to Bloomberg
    ** Industrivarden  INDUa.ST  divests one quarter of holding in ICA Gruppen
 ICAA.ST   urn:newsml:reuters.com:*:nASP00031B
    ** KappAhl  KAHL.ST : Elisabeth Peregi appointed new CEO  urn:newsml:reuters.com:*:nASP00031F
    ** Kungsleden  KLED.ST  divests property portfolio in Eskilstuna
    ** Business daily Dagens Industri issues buy recommendation on Scandic
Hotels  SHOTE.ST 
        
 IG pre-market trading Stockholm OMXS30                     +0.7 pct
 Stoxx Europe 50 future                   STXEc1            +0.8 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.8 pct 
 S&P 500 close previous trading day       .SPX              -0.7 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

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