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Nordic Stocks: Boliden, Lundbeck, NKT, Novo, SAS, Vestas Move

The Stoxx Nordic 30 Index, the benchmark measure for the region, rose 1.7 percent to 7,721.3 at the 5:30 p.m. close in Stockholm.

The OMX Stockholm 30 Index climbed 1.8 percent and the OMX Helsinki 25 Index increased 2 percent. Norway’s OBX Index and the Copenhagen 20 Index both rose 0.9 percent.

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

Boliden AB (BOL SS) climbed 3.4 percent to 141.3 kronor, the highest price since October 2007. Copper prices jumped to a record in New York on speculation that global supplies will trail demand as the global economic recovery rebounds.

H. Lundbeck A/S (LUN DC) increased 6.5 percent to 112.9 kroner, the biggest jump since May 2009. The Nordic region’s second-largest drug company said two phase III studies of nalmefene to treat alcohol dependence had positive results.

Konecranes Oyj (KCR1V FH) advanced 6.3 percent to 32.8 euros, the biggest jump since Oct. 21. The world’s largest supplier of industrial cranes was raised to “buy” from “hold” at FIM.

NKT Holding A/S (NKT DC), the world’s largest maker of industrial vacuum cleaners, increased 4.9 percent to 311.6 kroner, its highest price since May 10. The company’s NKT Flexibles unit started a three-year program aimed at developing flexible pipes for carbon-dioxide applications, Offshore Oil and Gas Magazine said on its website, citing people it didn’t identify at NKT.

PA Resources AB (PAR SS), the Swedish oil producer, jumped 8 percent to 8.1 kronor, climbing to the highest price since May 6. The company was awarded a German offshore license.

Renewable Energy Corp. ASA (REC NO) jumped 3 percent to 18.32 kroner, erasing two days of decline. The maker of solar- energy components won a contract valued at 1.1 billion kroner ($188 million) from a new customer.

SAS AB (SAS SS) rose 11 percent to 25 kronor, the most since Dec. 23, after Danish newspaper Boersen reported on Dec. 31 that Air France-KLM Group, Deutsche Lufthansa AG and British Airways Plc would be ready to enter a bidding war to take over the Scandinavian carrier. The newspaper didn’t cite anyone in its report.

SimCorp A/S (SIM DC) slipped 5.9 percent to 842 kroner, the biggest fall since Nov. 19. The Danish maker of asset-management software used by Deutsche Bank AG and Sweden’s central bank said it doesn’t expect to meet its 2010 forecasts for revenue and earnings before interest and taxes.

“The revenue growth is now projected to 2 percent to 3 percent against previously 5 percent to 10 percent,” it said.

Seadrill Ltd. (SDRL NO), the offshore oil-rig company, increased 1.8 percent to 200.7 kroner, rebounding from a two-day loss. It said it agreed to buy two ultra deepwater rigs being built at the Jurong Shipyard for about $1.2 billion.

Vestas Wind Systems A/S (VWS DC) rose 5.9 percent to 186.4 kroner, the most since Dec. 10. The world’s largest wind-turbine maker won a 51 megawatt order in Germany and a 66 megawatt order in Italy, according to two separate statements published on its website Dec. 31.

Separately, Vestas was included in Nomura Holdings Inc.’s list of 30 companies that may be bought in 2011.

Adam Ewing in Stockholm at +46-8-610-0700 or

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