Swedish stocks: Seen opening higher, Barclays cuts Sandvik, SKF views

SkiStar AB

03/10/2018 07:41

** Swedish shares seen opening higher on Wednesday in line with European
markets 
    ** Asian shares reversed early losses while the euro rebounded from six-week
lows on reports Italy will cut its budget deficit at a faster pace than
expected, raising hopes Rome could stave off a problematic debt blow-out 
    ** Skistar  SKISb.ST  says Q4 sales rise to 184 mln SEK  urn:newsml:reuters.com:*:nFWN1WI0YZ
    ** Oasmia  OASM.ST  says phase II study with Doxophos well tolerated
 urn:newsml:reuters.com:*:nFWN1WI0Z6
    ** Barclays cuts Sandvik  SAND.ST  to underweight from equal weight, lowers
target price to SEK 145 from SEK 160 vs closing price of SEK 157.05 on Tuesday 
    ** Barclays lowers SKF  SKFb.ST  to underweight from equal weight, cuts
target price to SEK SEK 155 from SEK 190 vs closing price of SEK 170.80 on
Tuesday 
    ** SEB raises Saab  SAABb.ST  target price to SEK 510 from SEK 465, vs
closing price of SEK 456.80 on Tuesday, newswire Direkt reports referring to
Bloomberg
    ** SEB lowers BillerudKorsnas  BILL.ST  to hold from buy, according to
Direkt which refers to Bloomberg 
        
 IG pre-market trading Stockholm OMXS30                     +0.3 pct
 Stoxx Europe 50 future                   STXEc1            +0.4 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     unchanged 
 S&P 500 close previous trading day       .SPX              ended flat 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    

 (RM:olof.swahnberg.thomsonreuters.com@reuters.net)