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Nordic Stocks: Maersk, Ericsson, Solstad Offshore, Yara Move

March 4 (Bloomberg) -- The Dow Jones Nordic 30 Index, a measure for the region, fell 23.92, or 0.3 percent, to 7,426.94 at 5:30 p.m. close in Stockholm, erasing yesterday’s gain.

The OMX Stockholm 30 Index climbed 0.1 percent, while the OMX Copenhagen 20 Index dropped 0.3 percent. The Helsinki 25 Index fell 1.1 percent. Norway’s OBX Index climbed 0.7 percent.

The following companies were among the most active in Nordic markets today. Stock symbols are in parentheses.

A.P. Moeller-Maersk A/S (MAERSKB DC) slipped 2.6 percent to 50,400 kroner, a fourth day of declines. Daily crude oil shipments from Dansk Undergrunds Consortium, the producer part-owned by A.P. Moeller Maersk, are scheduled to drop 8 percent next month.

Ericsson AB (ERICB SS) rose 0.6 percent to 81.80 kronor, extending yesterday’s 3.5 percent jump. The world’s largest maker of wireless communication equipment will establish a testing center for so-called long-term evolution technology in Taiwan this year, the Commercial Times reported today citing Ericsson’s local general manager Philip Tseng.

Solstad Offshore ASA (SOFF NO) advanced 4.2 percent to 123.5 kroner, its biggest jump since December. The Norwegian shipping service company said it entered into a charter agreement with Petroleo Brasileiro SA worth $44 million.

Yara International ASA (YAR NO) slumped 2.1 percent to 283.9 kroner, the third loss in four days. The world’s largest publicly traded nitrogen-fertilizer maker was cut to “neutral” from “buy” at First Securities.

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

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net.

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