Monday, August 6, 2007

Nordic Shares Slide, Paced by Statoil, Norsk Hydro, Nordea Bank, Boliden

(Bloomberg) -- Nordic stocks fell for a second day,
led by Statoil ASA and Norsk Hydro ASA, Norway's largest oil
producers, as crude oil prices declined. DNO ASA, the Norwegian
oil explorer, slid the most in a week.

Nordea Bank AB sank to a five-month low after Goldman, Sachs
& Co. recommended selling shares in the region's largest lender
on concern earnings growth will slow.


Read more at Bloomberg Stocks News

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