NORDIC DAYBOOK: Finnish Politics May Threaten Portugal’s Bailout
The rise of the nationalist True Finns party in Helsinki may increase pressure on Portugal to deepen budget cuts in order to win aid from the European Union.
WHAT TO WATCH: * Nokia (NOK1V FH) reports 1Q earnings, 12 noon, Net est. EU177m
EARNINGS: * Trainers House (TRH1V FH) 1Q, 7:30 a.m. * Rautaruukki (RTRKS FH) 1Q, 8 a.m., Net est. EU13.9m * Interavanti (INA1S FH) interim management statement * IFS (IFSB SS) 1Q, 8 a.m.
MARKETS: * The OMX Stockholm 30 Index rose 2.1 to 1,140.58 * Nasdaq OMX Helsinki 25 Index gained 1.5 % to 2,616.63 * Oslo’s OBX Index rose 2.3% to 407.49 * The Copenhagen 20 Index was up 1.8% to 466.27 * Swedish krona -- U.S. 6.1302 - EU 8.9028 * Norwegian krone -- U.S. 5.3555 - EU 7.7775
* Olso, Copenhagen, Reykjavik exchanges closed. Stockholm stock market closes at 1:00 p.m., bonds at 12:00 p.m.
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