Nordic Stocks: Autoliv, DNO International, SSAB Shares Move

The Stoxx Nordic 30 Index, the benchmark measure for the region, fell 0.5 percent to 7,597.46 at 3:32 p.m. in Stockholm, erasing the 0.3 percent rise on Dec. 23.

The OMX Stockholm 30 Index fell 0.4 percent and the Copenhagen 20 Index decreased 0.6 percent. Norway’s OBX Index and the OMX Helsinki 25 Index each slipped 0.5 percent.

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

Autoliv Inc. (ALIV SS) fell 2.8 percent to 542.5 kronor, the biggest decline since Dec. 9. The world’s largest maker of automotive air bags slipped after Beijing’s city government decided to limit the number of new passenger cars to ease road congestion.

DNO International ASA (DNO NO), the Norwegian oil company that is operating in the Kurdish region of Iraq, rose 7.2 percent to 9.43 kroner, the highest since Nov. 4. Iraq’s new central government plans to approve oil and gas production contracts signed by the regional Kurdish government, The National reported, citing Oil Minister Abdul Kareem al-Luaibi.

SSAB (SSABA SS) climbed 3.2 percent to 111.1 kroner, paring two days of loss. Sweden’s largest steelmaker was raised to “accumulate” from “reduce” at Svenska Handelsbanken AB.

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

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