Swedish stocks: Seen opening slightly lower, Investor AB raises its stake in Ericsson

Mackmyra Svensk Whisky AB

19/04/2018 07:54

** Swedish shares seen opening slightly lower on Thursday in line with
European markets
    ** Resource stocks were on a roll in Asia on Thursday as oil prices hit
heights not seen since late 2014 and ignited a rally across commodities, though
the potential boost to inflation globally also put some pressure on fixed-income
assets
    ** Morgan Stanley raises its recommendation on Nordea  NDA.ST  to overweight
from equal weight, and lifts its price target to 110 SEK from 99 SEK, according
to news agency Direkt, which refers to Bloomberg
    ** Investor AB  INVEb.ST , Ericsson's  ERICb.ST  biggest owner by votes, in
the first quarter bought 20 million B shares in the Swedish mobile telecom gear
group, business daily Dagens Industri reports on Thursday, citing ownership data
site Holdings
    ** Fund manager Didner & Gerge in the first quarter sold its entire
remaining 0.7 percent stake in fashion retailer H&M  HMb.ST , news agency Direkt
reports, citing Holdings
    ** DNB Markets raises its recommendation on Nibe  NIBEb.ST  to buy from
hold, according to news agency Direkt
    ** Axis  AXIS.ST  Q1 operating profit falls to SEK 178 mln  urn:newsml:reuters.com:*:nFWN1RV12N
    ** CLX Communications  CLXC.ST  appoints Oscar Werner, head of Tobii's
 TOBII.ST  business unit Tobii Tech, as new CEO 
    ** Swedol  SWOLb.ST  Q1 operating profit down at SEK 24.0 mln
    ** Ahlsell  AHSL.ST  buys Norwegian Sentrum Motor og Verktoy AS with annual
sales of approximately 40 mln NOK 
    ** Mackmyra Svensk Whisky  MACKb.ST  starts unit in Britain 
        
    
 IG pre-market trading Stockholm OMXS30                     -0.2 pct
 Stoxx Europe 50 future                   STXEc1            -0.1 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.8 pct 
 S&P 500 close previous trading day       .SPX              +0.1 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

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