Swedish stocks: Seen opening unchanged, Hexagon Q2 organic growth tops forecast

Studsvik AB

31/07/2018 07:51

** Swedish shares seen opening unchanged on Tuesday in line with European
markets
    ** Asian share markets pared some of their early losses as easy monetary
policy is seen as positive for risk assets although a global rout in technology
shares put a lid on gains  ID:nL4N1UR35D 
    ** Sweden's Hexagon  HEXAb.ST  Q2 organic growth tops forecasts
 ID:nFWN1UR00L 
    ** SKF  SKFb.ST  divests linear and actuation unit in $314 mln deal with
Triton  ID:nL5N1UQ4ZU 
    ** Essity  ESSITYa.ST  restructures in France  ID:nFWN1UR05O 
    ** Studsvik  SVIK.ST  CFO to leave company in February 2019  ID:nFWN1UQ10M 
    ** Societe Generale cuts H&M  HMb.ST  target price to SEK 99 from SEK 107,
vs closing price of SEK 139.28 on Monday, newswire Direkt reports referring to
Bloomberg
    ** JP Morgan ups Millicom  MICsdb.ST  price target to SEK 525 from SEK 510
vs closing price of SEK 558 on Monday
    ** Goldman Sachs cuts Loomis  LOOMb.ST  target price to SEK 380 from SEK
415, keeps buy recommendation, according to Direkt referring to Bloomberg
    ** CIBC Capital Markets raises Lundin Mining  LUMIN.ST  to outperform from
neutral, Bloomberg reports according to Direkt 
        
 IG pre-market trading Stockholm OMXS30                     unchanged
 Stoxx Europe 50 future                   STXEc1            unchanged 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     -0.2 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:olof.swahnberg.thomsonreuters.com@reuters.net)