Swedish stocks: Seen opening unchanged, Liberum ups Ericsson view
24/08/2018 07:44
** Swedish shares seen opening unchanged on Friday in line with European
markets
** Asian stocks fell slightly on Friday after U.S.-China trade talks ended
without progress and market focus shifted to a speech by the Federal Reserve
chairman for fresh clues on the direction of U.S. monetary policy
ID:nL3N1VF26I
** U.S. Gap, a rival to H&M HMb.ST , reports sales at brand stores worsen,
shares fall ID:nL3N1VE5OS
** Liberum raises Ericsson ERICb.ST to buy from hold, ups target price to
SEK 85 from SEK 65 vs closing price of SEK 75.68 on Thursday
** Jefferies starts Swedish Match SWMA.ST coverage with underperform
recommendation, target price at SEK 419 vs closing price of SEK 519.20, newswire
Direkt reports referring to Bloomberg
** Balco Group BALCO.ST Q2 operating profit rises to SEK 32 mln
ID:nFWN1VF06N
** Systemair SYSR.ST buys Canadian firm Greentek with turnover of around
SEK 70 mln ID:nASO0006Z8
** Garo Q2 GARO.ST EBIT up 1 pct to SEK 23 mln ID:nFWN1VF069
IG pre-market trading Stockholm OMXS30 unchanged
Stoxx Europe 50 future STXEc1 +0.1 pct
MSCI index Asia Pacific ex Japan .MIAPJ0000PUS -0.1 pct
S&P 500 close previous trading day .SPX -0.2 pct
For European stock market report: .EU
For global market roundup. MKTS/GLOB
(RM:olof.swahnberg.thomsonreuters.com@reuters.net)