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Stockholm shares AFX at a glance outlook


Published :
Wed, 21 Feb 2007 09:09
By : Agencies
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STOCKHOLM (AFX) - Shares are expected to open slightly higher buoyed by overnight gains on Wall Street and Nordea's better-than-expected fourth quarter results, brokers said.

Yesterday, the OMX Stockholm index closed down 0.73 pct at 395.46, while the OMX Stockholm 30 index slipped 0.82 pct to close at 1,211.47.

FORTHCOMING EVENTS

TOMORROW

-Lundin Mining Q4

PRESS HEADLINES

-Up to 10 Swedish and foreign banks and lenders interested in bidding for soon-to-be-privatised Swedish home loan company SBAB AB (Dagens Industri)

-Ericsson loses out to Alcatel-Lucent in battle for mult-billion skr professional services order from Germany's E-plus (Dagens Industri)

COMPANY NEWS

*NORDEA Q4 OPG 967 MLN EUR, ABOVE ANALYSTS FORECASTS OF 827

*NORDEA FY DIV 0.49 EUR PER SHARE, ABOVE ANALYSTS' FORECASTS OF 0.40 EUR

-Lundin Petroleum posts full year operating profit of 4.233 bln skr, below analysts forecasts of 4.479 bln as recorded by SME Direkt

MARKET SENTIMENT

-Kaupthing Bank ups its target price on Tele2 to 135 skr from 120 skr, recommends 'Buy' - Direkt

-Among Swedish shares traded in New York yesterday, Ericsson B closed 0.13 skr higher compared with its Stockholm closing level, Volvo B 2.47 skr higher, AstraZeneca 0.98 skr lower, and Autoliv 0.31 skr higher.

-Nokia A closed 0.57 skr lower in New York compared with its Stockholm closing level.

gustav.sandstrom@thomson.com

sjr/lam

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Copyright AFX News Limited 2006. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited




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