Nordic Stocks: A.P. Moeller-Maersk, Cargotec, Vestas Wind Share Are Active
The Stoxx Nordic 30 Index, the benchmark measure for the region, gained 0.2 percent to 6,928.02 at 10:35 a.m. in Stockholm, its second rise.
The following companies’ shares were among the most active in Nordic markets today. Symbols are in parentheses.
Aker Solutions ASA (AKSO NO) gained 0.8 percent to 79.3 kroner, the third rise. Norway’s biggest maker of oil platforms and equipment signed a contract for the Gudrun tie-in in the North Sea worth 900 million kroner ($148 million). Statoil ASA awarded the contract to the company and the contract replaces the letter of intent announced on July 14.
A.P. Moeller-Maersk A/S (MAERSKB DC) rose 1.5 percent to 45,600 kroner, paring four days of loss. The world’s largest container shipper will register more than 30 new ships in Singapore amid government efforts to boost the island-state’s shipping industry, the Straits Times reported, citing Bjarne Foldager, a managing director.
Cargotec Oyj (CGCBV FH) increased 1.1 percent to 29.86 euros, rising for the third day. The world’s biggest maker of container-lifting gear confirmed its financial targets, saying it expects to raise its operating profit margin to 10 percent.
Det Norske Oljeselskap ASA (DETNOR NO) climbed 1.5 percent to 20.5 kroner, paring two days of loss. The Norwegian oil and gas explorer extended its lease of the Aker Barents drilling platform with Aker Drilling AS until July 2014 at a daily rate of between $450,000 and $550,000, the company said in a statement Sept. 17.
Songa Offshore SE (SONG NO) advanced 1.7 percent to 23.26 kroner, rebounding from the 1.7 percent fall on Sept. 17. A unit of the Norwegian oil-equipment service company agreed to sell drillship “Songa Saturn” to a unit of PetroSaudi Oil Services Ltd. for $260 million. The transaction is expected to be completed before mid-October this year.
Vestas Wind Systems A/S (VWS DC) retreated for the fourth day, slipping 1.8 percent to 212.3 kroner. The world’s largest maker of wind turbines was rated a new “sell” at UniCredit SpA.
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