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Nordic Stocks: Boliden, Ericsson, JM Shares Are Active

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Dec. 6 (Bloomberg) -- The Stoxx Nordic 30 Index, the benchmark measure for the region, was unchanged at 7,323.43 at the 5:30 p.m. close in Stockholm, following four days of gains.

The OMX Stockholm 30 Index retreated 0.5 percent. Norway’s OBX Index rose 0.9 percent, while Denmark’s Copenhagen 20 Index climbed 0.4 percent. The Finnish market is closed today because of a holiday.

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

Boliden AB (BOL SS) jumped 1.5 percent to 131.40 kronor as analysts forecast that demand for copper will outpace supply by 267,500 metric tons in 2011, enough for wires, pipes and appliances in about 1.8 million U.S. homes, according to the median prediction of 12 analysts surveyed by Bloomberg.

Ericsson AB (ERICB SS) slipped 1.4 percent to 73.60 kronor, erasing the previous day’s gain. The world’s biggest maker of mobile-phone networks said Michael Treschow plans to resign as chairman in 2011 or 2012. Treschow said the components shortage in the networks industry continues to affect the company.

JM AB (JM SS) climbed 1.6 percent to 147.50 kronor, its fifth advance. The Swedish builder was rated a new “buy” at UBS AG.

To contact the reporter on this story: Adam Ewing in Stockholm at aewing5@bloomberg.net. Janina Pfalzer in Stockholm at jpfalzer@bloomberg.net.

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

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