Swedish stocks: Seen opening higher in line with Europe

Paradox Interactive AB (publ)

07/06/2019 07:50

** Swedish shares seen opening higher on Friday in line with European
markets
    ** Asian share markets dithered on Friday as investors waited for concrete
signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S.
jobs report that could sway the course of interest rates there
    ** Skanska  SKAb.ST  gets order in Norway worth about SEK 1 bln
    ** UBS cuts its recommendation on SCA  SCAb.ST  to sell from neutral and
lowers its price target to SEK 68 from SEK 82, according to news agency Direkt,
which refers to Bloomberg 
    ** RBC cuts price target on H&M  HMb.ST  to SEK 155 from SEK 160
    ** Berenberg starts coverage of Paradox Interactive  PDXI.ST  with hold
rating, price target SEK 140 and of THQ Nordic  THQNb.ST  with buy rating, price
target SEK 270
    ** Kepler Cheuvreux raises its target price on Clas Ohlson  CLASb.ST  to SEK
105 from SEK 100 
    ** Societe Generale raises its price target on Tele2  TEL2b.ST  to SEK 145
from SEK 130, according to news agency Direkt 
        
 IG pre-market trading Stockholm OMXS30                     +0.6 pct
 Stoxx Europe 50 future                   STXEc1            +0.5 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.1 pct 
 S&P 500 close previous trading day       .SPX              +0.6 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

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