Swedish stocks: Seen opening lower, Byggmax Q2 core earnings fall

Nyorda AB

16/07/2018 07:55

** Swedish shares seen opening slightly lower on Monday in line with
European markets
    ** Asian shares fell on Monday, brushing off a firmer Wall Street lead, as
data showed China's economy and factory production growth slowing, compounding
wider fears about Beijing's worsening trade war with Washington  ID:nL8N1UC0MJ 
    ** Byggmax  BMAX.ST  Q2 core earnings fall  ID:nFWN1UB04H 
    ** Inwido  INWI.ST  Q2 EBITA falls to SEK 184 mln  ID:nFWN1UB044 
    ** Tradedoubler  TRAD.ST  Q2 EBITDA profit SEK 6 mln, net sales nearly
unchanged  ID:nFWN1UB04J 
    ** Platzer  PLAZb.ST  appoints Fredrik Sjudin as CFO  ID:nFWN1UB04X 
    ** Morgan Stanley starts Epiroc  EPIRa.ST  coverage with equal weight
recommendation, SEK 98 target price vs closing price of SEK 94.63 on Friday
    ** Credit Suisse ups Ericsson  ERICb.ST  target price to SEK 55 from SEK 50
vs closing price of SEK 68.98 on Friday   
    ** Handelsbanken raises NetEnt  NETb.ST  to accumulate from reduce according
to newswire Direkt while SEB lowers to hold from buy, according to Direkt
referring to Bloomberg
    ** Kepler Cheuvreux raises Munters  MTRS.ST  to buy from hold and ups JM
 JM.ST  to buy from hold, Direkt reports referring to Bloomberg   
    
        
 IG pre-market trading Stockholm OMXS30                     -0.1 pct
 Stoxx Europe 50 future                   STXEc1            -0.1 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     -0.4 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:olof.swahnberg.thomsonreuters.com@reuters.net)