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TELIA - Telia AB News Story

SEK36.85 0.2  0.6%

Last Trade - 2:35pm

Sector
Telecoms
Size
Large Cap
Market Cap £12.76bn
Enterprise Value £21.14bn
Revenue £7.54bn
Position in Universe 55th / 1832

BUZZ-Swedish stocks: Seen opening lower, Berenberg cuts Telia, Tele2 recommendations

Wed 8th August, 2018 7:22am
** Swedish shares seen opening lower on Wednesday in line with European
markets 
    ** Asian shares extended their recovery into a fourth day on Wednesday,
buoyed by strong U.S. earnings and expectations that Beijing will ramp up fiscal
stimulus to cushion the impact of its worsening trade dispute with
Washington. ID:nL4N1UZ21Y   
    ** Skanska  SKAb.ST  sells office project in Hungary for EUR 100 mln
 ID:nASO0006G5 
    ** Electrolux  ELUXb.ST  divests its U.S.-based commercial and
central vacuum cleaner businesses in North America  ID: 
    ** Berenberg cuts Tele2  TEL2b.ST  to sell from buy and lowers Telia
 TELIA.ST  to sell from hold, raises Telia target price to SEK 39 from SEK 37
and ups Tele2 price target to SEK 124 from SEK 123 
    ** DNB, SEB and Nordea lowers Oriflame  ORIFL.ST  target prices after the
company's Q2 report, newswire Direkt reports referring to Bloomberg. DNB cuts to
SEK 335 from SEK 347, SEB lowers to SEK 340 from SEK 380 and Nordea cuts to SEK
260 from 285, vs closing price of SEK 282 on Tuesday
    ** Bactiguard Holding  BACTIb.ST  Q2 EBITDA rises to SEK 9.1 mln
 ID:nFWN1UZ019 
        
 IG pre-market trading Stockholm OMXS30                     -0.3 pct
 Stoxx Europe 50 future                   STXEc1            -0.3 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.3 pct 
 S&P 500 close previous trading day       .SPX              +0.3 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    

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