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NORDIC STOCKS - Factors to watch on Oct 11
October 11, 2016 / 5:06 AM / a year ago

NORDIC STOCKS - Factors to watch on Oct 11

The following stocks may be affected by newspaper reports and other factors on Tuesday:


The Danish insurer reported above-forecast net profit for the third quarter thanks in part to a lower-than-expected combined cost ratio.

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BP said it had abandoned plans to drill for oil and gas off the south coast of Australia. Norway’s Statoil, which holds a 30 percent stake in the Great Australian Bight project, has accepted the decision, BP added.

Separately, HSBC raised its price target for the Statoil share to 162 Norwegian crowns from 155 crowns, and reiterated a buy rating.

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Brokerage Fondsfinans late on Monday issued the following ratings for Oslo-listed salmon farmers: Marine Harvest: Buy, Bakkafrost: Hold, Scottish Salmon: Hold, Grieg Seafood: Buy, Salmar: Hold, Leroey Seafood: Buy. Previous recommendations were not immediately available.

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Carl Lieungh will step down as CEO from Jan. 1 and will be replaced by CFO Reese McNeel, the company said late on Monday.

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** For a summary of upcoming results and forecasts, double click on

** For the western European company diary covering earnings, shareholder meetings, news conferences and analysts’ meetings, click on or type in the code and hit the f9 button.

** Double click on for Swedish indices, for Danish indices, for Finnish indices and for Norwegian indices

** For real-time moves on Nordic blue-chip indices double click on,, and

** For constituent stock moves highlight the above codes in the command box and press the f3 button on your keyboard

** For Nordic top news items, double click on

** For the latest news on Nordic stock price moves double click on

Reporting by Copenhagen, Oslo, Helsinki and Stockholm newsrooms

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