Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Nordic Stocks: Dockwise, Grieg, Heba, Novozymes, PA Resources

Nov. 8 (Bloomberg) -- The Stoxx Nordic 30 Index, the benchmark measure for the region, declined 0.1 percent to 7,037.22 at the 5:30 p.m. close in Stockholm, its second loss.

The OMX Stockholm 30 Index climbed 0.6 percent, while Norway’s OBX Index fell 0.3 percent. The OMX Helsinki 25 Index slipped 0.7 percent and the Copenhagen 20 Index decreased 0.2 percent.

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

Dockwise Ltd. (DOCK NO) added 2 percent to 152 kroner, erasing its 0.7 percent fall on Nov. 5. The world’s biggest operator of ships that haul oil-rig parts and other heavy cargo reported a profit of $13.1 million compared with net income of $8.1 million in the same period a year earlier.

Grieg Seafood ASA (GSF NO) slipped 4.3 percent to 17.8 kroner, its steepest intraday decline since Oct. 19. The Norwegian fish farmer reported a loss after tax of 14.2 million kroner ($2.4 million) in the third quarter, compared with a loss of 173.5 million kroner in the same period a year earlier. The average estimate of five analysts surveyed by Bloomberg was for a third-quarter profit of 79.2 million kroner.

Heba Fastighets AB (HEBAB SS) rose 3 percent to 68.75 kronor, extending the 1.9 percent rise on Oct. 5. The Swedish real estate company said third-quarter net income more than doubled to 58 million kronor ($8.7 million) from 21.5 million kronor a year earlier.

Lundin Petroleum AB (LUPE SS) fell 3.3 percent to 68.05 kronor, its biggest fall since Aug. 11, after Sweden’s largest oil explorer was cut to “sell” from “neutral” at Goldman Sachs.

Novozymes A/S (NZYMB DC), the world’s largest maker of industrial enzymes, advanced 2.4 percent to 719 kroner in Copenhagen trading, the stock’s first gain in four days. Novozymes shares were upgraded to “buy” from “hold” at SEB AB with a 12-month share price target of 785 kroner.

Nordicom A/S (NRDC DC) rose 3.1 percent to 10.1 kroner in Copenhagen, gaining for a third day. The Danish property company is in talks with German investors to sell five of its German real estate investments, it said in a statement on Nov. 7.

PA Resources AB (PAR SS) jumped 5.5 percent to 5.8 kronor, its highest level since Oct. 25. The oil and gas company said it plans to reduce costs by delisting from the Oslo stock exchange after a “substantial decrease” in trading. PA Resources will continue to be listed in Stockholm.

To contact the reporter on this story: Niklas Magnusson in Stockholm at nmagnusson1@bloomberg.net;

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.