Swedish stocks: Seen opening slightly lower, Swedbank in focus

Paradox Interactive AB (publ)

20/02/2019 07:55

** Swedish shares seen opening marginally down on Wednesday 
    ** Asia shares scale 4-1/2-month peak on hopes of U.S.-China trade deal
 urn:newsml:reuters.com:*:nL3N20F22F    
    ** Swedish television (SVT) said on Wednesday it had uncovered documents
that may link Swedbank  SWEDa.ST  with the money laundering scandal that hit
Denmark's Danske Bank  DANSKE.CO  last year.
    “We are confident with our systems and processes we have to prevent and
avert money-laundering. When we get signs, we take action," Swedbank spokesman
Gabriel Francke Rodau said in a statement.  urn:newsml:reuters.com:*:nFWN20F08U 
    ** Goldman Sachs reinstates Tele2  TEL2b.ST  with buy recommendation, target
price of SEK 153 vs closing price of SEK 119.35 on Tuesday 
    ** Drugmaker Sobi  SOBIV.ST  Q4 core profit tops forecast  urn:newsml:reuters.com:*:nFWN20E14G
    ** RaySearch  RAYb.ST  Q4 profit after tax down at SEK 33 mln  urn:newsml:reuters.com:*:nFWN20E0VX
    ** Scandi Standard  SCST.ST  Q4 adjusted EBITDA down at SEK 143  urn:newsml:reuters.com:*:nFWN20E0ZG
    ** India's top court finds Anil Ambani guilty on contempt in Ericsson
 ERICb.ST  case  urn:newsml:reuters.com:*:nI8N1XU022
    ** SocGen raises Tele2  TEL2b.ST  to buy from hold, according to Direkt
which refers to Bloomberg
    ** Danske Bank cuts Paradox Interactive  PDXI.ST  to hold from buy, Direkt
reports  
        
 IG pre-market trading Stockholm OMXS30                     -0.1 pct
 Stoxx Europe 50 future                   STXEc1            +0.3 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +1.0 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:johannes.hellstrom.thomsonreuters.com@reuters.net)