Swedish stocks: Seen opening slightly higher, H&M Q1 sales lag forecasts

Systemair AB

15/03/2018 07:53

** Swedish shares seen opening slightly higher
    ** Retailer H&M's  HMb.ST  sales in its fiscal Q1 were unchanged in local
currencies, lagging a 1.2 percent rise seen in a Reuters poll  urn:newsml:reuters.com:*:nL8N1QX1E2   
    ** Tobii  TOBII.ST  announced a collaboration with Qualcomm Technologies,
Inc. to make eye tracking technology available for mobile VR/AR headsets
 urn:newsml:reuters.com:*:nFWN1QX04F
    ** Systemair  SYSR.ST  posted a Q3 operating profit far below analyst
forecasts as restructuring costs and a bigger portion of low-margin project
deliveries weighed  urn:newsml:reuters.com:*:nASO0001ZU
    ** Nippon Steel & Sumitomo Metal Corporation (NSSMC)  5401.T  has signed a
deal to buy Swedish steelmaker Ovako from private equity firm Triton 
    ** SEB Equities has cut its recommendation for retailer MQ  MQH.ST  to sell
from hold, and slashed its target price to 18 SEK from 32 SEK, Direkt reports
citing Bloomberg. MQ closed at 21.65 SEK on Wednesday 
        
 IG pre-market trading Stockholm OMXS30                     +0.2 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              -0.6 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

 (RM: johannes.hellstrom.thomsonreuters.com@reuters.net)