Sweden is warning that European efforts to restrict short selling may cripple debt markets in smaller countries and says it will fight “shortsighted” proposals.
ALL TIMES CET
WHAT TO WATCH: * Sweden March consumer and manufacturing confidence, 9:15 a.m. * Denmark March consumer confidence data, 9:30 a.m. * Norway January unemployment rate, 10 a.m.
EARNINGS: * Arkil Holding (OAHB DC), FY * Auriga Industries (AURIB) , FY * Cloetta (CLAB SS), 2Q * F.E. Bording (BORDB DC), FY * Gyldendal (GYLDB DC), FY * Jensen & Moeller (JMI DC), FY
COMPANIES: * Comptel (CTL1V FH) AGM, 10 a.m. * Trainers’ House (TRH1V FH) AGM, 11 a.m. * Rautaruukki (RTRKS FH) AGM, 12 noon * Citycon (CTY1S FH) AGM, 1 p.m. * Novo Nordisk (NOVOB DC) AGM, 2 p.m. * M-real (MRLBV FH) AGM, 3 p.m. * NKT Holding (NKT DC) AGM, 3 p.m. * Tecnotree (TEM1V FH) AGM, 3 p.m. * Doro (DORO SS) AGM * Fjordbank Mors (FJORD DC) AGM * Groenlandsbanken (GRLA DC) AGM * Havsfrun Investment (HAVB SS) AGM * Moens Bank (MNBA DC) AGM * Nordfyns Bank (NRDF) AGM * Svenska Handelsbanken (SHBA SS) AGM * Totalbanken (TOTA DC) AGM * Nokia plans to start talks on job cuts and reorganizing its product development in Finland next month, Chairman Jorma Ollila told newspaper Helsingin Sanomat. * Norway’s Ormen Lange natural-gas field operated by Royal Dutch Shell Plc (RDSA) had a power consumption failure yesterday * Nordic Mining was downgraded to “reduce” from “buy” at Terra Markets * Autoliv was rated a new “buy” at Citigroup * Nokia Siemens Networks plans to start producing equipment in Russia this year.
MARKETS: * The OMX Stockholm 30 Index fell 0.1% to 1,105.94 * Nasdaq OMX Helsinki 25 Index slid 0.4% to 2,566.02 * Oslo’s OBX Index retreated 0.6% to 401.56 * The Copenhagen 20 Index declined 0.5% to 458.46 * Swedish krona -- U.S. 6.3143 - EU 8.9465 * Norwegian krone -- U.S. 5.58244 - EU 7.9091
ECONOMY: * Finland’s Finance Ministry economic forecast, 9:30 a.m. * SEB publishes Eastern European outlook, 10:00 a.m.
CONFERENCES: * The Norwegian Society of Financial Analysts holds seminar on China’s economy in Oslo, 8:30 a.m. * Green Ship Technology Conference in Oslo
To contact the editor responsible for this story: Kati Pohjanpalo at firstname.lastname@example.org