NORDIC DAYBOOK: Nokia Slumps as Consumers Shun Outmoded Handsets

Nokia Oyj (NOK1V) replaced Chief Executive Officer Olli-Pekka Kallasvuo last year after the stock sank 55 percent during his four-year tenure. Successor Stephen Elop has presided over a 37 percent loss in just eight months. Story: NSN LM3FA11A1I4H <go>

COMPANIES: *Sampo (SAMAS FH) CPM in London *Salmar (SALM NO), AGM *Blom (BLOM NO), AGM

ECONOMY: *Norway May PMI Data, 9 a.m. *Danish April Retail Sales, 9 a.m. *Danish May PMI Data, 11 a.m. *Iceland 1Q Current Account, 6 p.m. *Swedbank Swedish May PMI, 8:30 a.m. * The International Monetary Fund holds a news conference at the Riksbank at 10 a.m. where Peter Doyle, the head of the delegation will present his view of the Swedish economy.

MARKETS: * Stockholm stock market has half-day trading and closes at 1 p.m. * The OMX Stockholm 30 Index rose 0.4% to 1,151.36 * Nasdaq OMX Helsinki 25 Index fell 0.8% to 2,522.89 * Oslo’s OBX Index gained 1.2% to 405.99 * The Copenhagen 20 Index gained 0.4% to 456.25 * Swedish krona -- U.S. 6.1615 - EU 8.8890 * Norwegian krone -- U.S. 5.3681 - EU 7.7455

To contact the editor responsible for this story: Gelu Sulugiuc at

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