Swedish stocks: Seen opening higher, Investor AB posts rise in net asset value

Rizzo AB

17/10/2018 07:44

** Swedish shares seen opening higher on Wednesday in line with European
stock markets 
    ** Asian equities got some welcome relief on Wednesday after upbeat U.S.
earnings reports drove a rebound on Wall Street and helped restore a little
faith in emerging market stocks and currencies  urn:newsml:reuters.com:*:nL3N1WX1J6
    ** Sweden's Economic Crime Authority said on Tuesday it had received
documents from Hermitage Capital Management purporting to show that Nordic bank
Nordea  NDAFI.HE ,  NDASE.ST  had breached its responsibilities under anti-money
laundering laws  urn:newsml:reuters.com:*:nL8N1WW6HE
    ** Investor AB  INVEb.ST  reports net asset value of 487 SEK/share at end of
Q3 urn:newsml:reuters.com:*:nFWN1WW0ZW
    ** Castellum  CAST.ST  reports consensus-beating Q3 profit from property
management of SEK 799 mln  urn:newsml:reuters.com:*:nFWN1WW0X5
    ** Mycronic  MYCR.ST  wins order valued at $30-35 mln  urn:newsml:reuters.com:*:nASP0001DR
    ** Jefferies cuts Atlas Copco  ATCOa.ST  target price to SEK 300 from SEK
312
    ** Morgan Stanley cuts Boliden  BOL.ST  target price to SEK 238 from SEK 246
    ** Venue Retail Group  VRGb.ST  says closure of unprofitable stores to
entail restructuring costs of about SEK 6 mln in Q1 2018/2019  urn:newsml:reuters.com:*:nFWN1WW0RG
    ** Medivir  MVIRb.ST   urn:newsml:reuters.com:*:nASP0001E4 says to scale back research costs, reduce
staff, to focus on clinical development  urn:newsml:reuters.com:*:nASP0001E4
        
 IG pre-market trading Stockholm OMXS30                     +0.2 pct
 Stoxx Europe 50 future                   STXEc1            +0.4 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.6 pct 
 S&P 500 close previous trading day       .SPX              +2.1 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    

 (RM:anna.ringstrom.thomsonreuters.com@reuters.net)