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Nordic Stocks: Autoliv, DNO International, SSAB Shares Move

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Dec. 27 (Bloomberg) -- The Stoxx Nordic 30 Index, the benchmark measure for the region, fell 0.4 percent to 7,601.52 at the 5:30 p.m. close in Stockholm, erasing the 0.3 percent rise on Dec. 23.

The OMX Stockholm 30 Index was little changed at 1,160.28 and the Copenhagen 20 Index decreased 0.4 percent. Norway’s OBX Index fell 0.3 percent, while the OMX Helsinki 25 Index dropped 0.4 percent.

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

Autoliv Inc. (ALIV SS) fell 2.9 percent to 542 kronor, the biggest daily decline since July 1. The world’s largest maker of automotive air bags slipped after Beijing’s city government decided to limit the number of new passenger cars to ease road congestion.

DNO International ASA (DNO NO), the Norwegian oil company that is operating in the Kurdish region of Iraq, rose 6.7 percent to 9.39 kroner, the highest price since Nov. 2. Iraq’s new central government plans to approve oil and gas production contracts signed by the regional Kurdish government, The National reported, citing Oil Minister Abdul Kareem al-Luaibi.

SSAB (SSABA SS) climbed 3.5 percent to 111.5 kronor, paring two days of losses. Sweden’s largest steelmaker was raised to “accumulate” from “reduce” at Svenska Handelsbanken AB.

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

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