Swedish stocks: Seen opening lower, Macquarie cuts SEB view
06/04/2018 07:40
** Swedish shares seen opening lower on Friday in line with European markets
** Stocks slip as Trump proposes more China tariffs, US jobs report awaited
ID:nL4N1RJ095
** Rejlers REJLb.ST revises dividend proposal to 0.50 SEK/share vs
previous proposal of no dividend for 2017 ID:nFWN1RI0PI
** Qliro Group QLRO.ST says Q1 2018 affected by returns and investments
within Nelly and reorganization within CDON Marketplace ID:nFWN1RI0OC
** Macquarie cuts SEB SEBa.ST to neutral from outperform and lowers target
price to SEK 92 from SEK 115 vs closing price of 87.14 crowns on Thursday,
saying in research note: "our incrementally cautious stance on corporate and
property management lending leads us to downgrade the stock."
** Macquarie cuts target prices: for Swedbank SWEDa.ST to SEK 170 from SEK
190 vs closing price of 188.30 crowns on Thursday, for Nordea NDA.ST to SEK
100 from SEK 110 vs closing of 86.62 crowns and for Handelsbanken SHBa.ST to
SEK 90 from SEK 105 vs closing of 102.65 crowns
IG pre-market trading Stockholm OMXS30 -0.8 pct
Stoxx Europe 50 future STXEc1 -0.7 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS unchanged
S&P 500 close previous trading day .SPX +0.7 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM:olof.swahnberg.thomsonreuters.com@reuters.net)