Swedish stocks: Seen opening lower, Swedbank Q4 profit lags consensus
29/01/2019 07:46
** Swedish shares seen opening lower on Tuesday, underperforming major
European markets
** Asian shares stumbled on Tuesday and the dollar hovered near two-week
lows as prospects for a long-awaited Sino-U.S. trade deal were dealt another
blow after the United States levelled sweeping criminal charges against China's
telecom giant Huawei urn:newsml:reuters.com:*:nL3N1ZT2ID
** Swedbank SWEDa.ST reports Q4 operating profit below expectations as
weaker stock markets and higher costs dented earnings urn:newsml:reuters.com:*:nL5N1ZT0ZX
** SSAB SSABa.ST Q4 core profit narrowly lags forecast urn:newsml:reuters.com:*:nASP0004TL
** BillerudKorsnas BILL.ST Q4 core profit lags forecast urn:newsml:reuters.com:*:nFWN1ZT00E
** Berenberg cuts Atlas Copco ATCOa.ST target price to SEK 225 from SEK
250 vs closing price of SEK 234.40 on Monday, while Deutsche Bank raises to SEK
210 from SEK 200
** Loomis LOOMb.ST to buy Ziemann Sicherheit Holding urn:newsml:reuters.com:*:nASP0004TQ
** HiQ HIQ.ST Q4 operating profit falls slightly to SEK 61 mln
urn:newsml:reuters.com:*:nFWN1ZS16Q
** Whirlpool WHR.N , competitor to Electrolux ELUXb.ST , said on Monday
its 2019 adjusted profit and revenue are likely to rise less than analysts'
expectations due to a higher tax bill, costs and a strong dollar, sending its
shares down 6.5 pct after the bell urn:newsml:reuters.com:*:nL3N1ZS569
** SEB Equities cuts JM JMb.ST to sell from hold, newswire Direkt reports
referring to Bloomberg
** Elanders ELANb.ST Q4 EBITA SEK 169 mln urn:newsml:reuters.com:*:nFWN1ZS16T
** Lagercrantz Group LAGRb.ST Q3 EBITA up by 23 pct urn:newsml:reuters.com:*:nFWN1ZS12G
IG pre-market trading Stockholm OMXS30 -0.4 pct
Stoxx Europe 50 future STXEc1 +0.1 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS -0.3 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:olof.swahnberg.thomsonreuters.com@reuters.net)