June 20, 2014 / 5:47 AM / 4 years ago

NORDIC STOCKS - Factors to watch on June 20

OSLO, June 20 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Friday:


Norway’s centre-right government will ask the parliament for the right to cut its stakes in Telenor ASA, a global telecoms company with 172 million customers in Europe and Asia, to 34 percent from 54 percent, the trade minister said on Thursday evening. A 20 percent stake in Telenor is worth around $7.1 billion at current prices. The government plans to publish a white paper on state ownership on Friday, a first step in the political process to reduce the stakes.

For more on the company, double click


Norwegian minister also said the government will seek to reduce its holding in Kongsberg Gruppen ASA, a technology supplier for the oil and gas, merchant shipping and defense industries. The later includes development of the Joint Strike Missile, which could be integrated with Lockheed Martin Corp F-35, the next-generation fighter jet for decades to come. Government’s 16 percent stake in Kongsberg is worth around $440 million at current prices.

For more on the company, double click

** 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 Nerijus Adomaitis)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below