Nordic Stocks: Maersk, SAS, Saab, Carlsberg, Sevan, Subsea Are Active

The Stoxx Nordic 30 Index, the benchmark measure for the region, fell 0.2 percent to 7,099.48 in Stockholm, paring yesterday’s 1 percent gain.

The OMX Stockholm 30 Index slipped 0.4 percent and Norway’s OBX Index retreated 0.1 percent. The OMX Helsinki 25 Index gained 0.1 percent as did the Copenhagen 20 Index.

The following companies’ shares were among the most active in Nordic markets today. Symbols are in parentheses.

A.P. Moeller-Maersk A/S (MAERSKB DC) rose 1.6 percent to 50,070 kroner, the company’s first gain in three days. The owner of the world’s largest container line said earnings before interest and tax in the first nine months of the year rose to 47.5 billion kroner from 15.8 billion kroner in the same period last year. That beat the average 45 billion-krone estimate of 10 analysts surveyed by Bloomberg.

Carlsberg A/S (CARLB DC) declined 2.6 percent to 550.5 kroner, the fourth straight decline. The maker of Tuborg and Baltika beer was downgraded to “neutral” from “buy” at Natixis.

Eitzen Chemical ASA (ECHEM NO) soared 9.5 percent to 1.39 kroner, its highest level since Aug. 11. The Norwegian chemical- tanker owner said third-quarter net loss shrank to $31 million from $35 million a year earlier.

Mamut ASA (MAMUT NO) gained 1.2 percent, to 8.3 kroner, the highest level since April 29. The Norwegian maker of computer software for small businesses named Knut Staalen chief financial officer, starting January 2011.

Saab AB (SAABB SS) decreased 1.4 percent to 100.7 kronor, erasing yesterday’s 0.1 percent gain. The Swedish maker of the Gripen fighter said it would give notice to more than 200 employees and close its Dynamics business unit plant in Sweden, as part of a plan to lower costs.

SAS Group AB (SAS SS) plummeted 5.6 percent to 25.1 kronor, the biggest fall since Aug. 24. The owner of Scandinavia’s largest airline was fined 70.2 million euros ($96.7 million) by European Union regulators, one of 11 carriers sanctioned for a global cargo cartel. SAS said it would appeal the charge. Separately, the company reported a third-quarter net loss of 1.05 billion kronor ($155.2 million) compared with net income of 152 million kronor a year earlier.

Sevan Marine ASA (SEVAN NO) tumbled 4 percent to 7.31 kroner, paring yesterdays 7.5 percent rise. The Norwegian owner of offshore oil rigs posted a net loss of $66.4 million in the third quarter, compared with a profit of $500,000 a year earlier.

Talvivaara Mining Co. (TLV1V FH) advanced 4.4 percent to 6.67 euros, advancing 62 percent in the last year. The owner of a Finnish nickel mine reported third-quarter net income of 19.8 million euros, compared with a net loss of 9.3 million euros in the same period a year earlier.

To contact the reporter on this story: Niklas Magnusson in Stockholm at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

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