Citycon, Kesko, PGS, Nokia, Vestas Wind: Nordic Stock Preview

July 14 (Bloomberg) -- The following companies may have unusual price changes in Nordic trading. Stock symbols are in parentheses and share prices are from the previous close.

The Stoxx Nordic 30 Index, a benchmark measure for the region, rose 2.5 percent to 6,661.27, a third day of gains and the highest level since June 22.

The OMX Stockholm 30 Index rallied 3 percent as Norway’s OBX Index gained 1.8 percent. The Helsinki 25 Index advanced 2.2 percent, while the Copenhagen 20 Index increased 0.7 percent.

Citycon Oyj (CTY1S FH): The Finnish real-estate company reported second-quarter sales of 48.6 million euros ($61.8 million) compared with 49.5 million euros a year earlier. The shares rose 1.5 percent to 2.65 euros.

Kesko Oyj (KESBV FH): Finland’s largest retailer said June sales rose 8.1 percent to 800.2 million euros. The shares increased 1.1 percent to 26.86 euros.

Petroleum Geo-Services ASA (PGS NO): The world’s third-biggest surveyor of oil and natural-gas fields was upgraded to “buy” from “reduce” at Nomura Holdings Inc. The shares rose 2.1 percent to 58.85 kroner.

Nokia Oyj (NOK1V FH): The world’s biggest phone maker’s network joint venture, Nokia Siemens Networks, is in negotiations to purchase Motorola Inc.’s telecommunications-equipment business, the Wall Street Journal reported, citing unidentified people familiar with the situation. Nokia shares rose 1.4 percent to 6.72 euros.

Vestas Wind Systems A/S (VWS DC): The world’s biggest maker of wind turbines plans to hire 850 more workers over the next year and a half at its three Colorado plants after having hired 1,000 so far, the Coloradoan reported. It also won an order for 21 turbines of its V90-3.0 megawatt model, or a total of 63 megawatts, for a project in Sweden. The shares increased 0.8 percent to 264.6 kroner.

To contact the reporter on this story: Adam Ewing in Stockholm at

To contact the editor responsible for this story: David Merritt at