Monday, 27 September 2010

27.09.2010

Nordic markets failed to take another dose of the magic pill from Friday and lost some ground. The company specific news flow was very light. Sweden posted its first foreign trade deficit in over 15 years as imports rose sharply. Oslo Bors and Toronto Stock Exchange are planning to start cooperating in various ways. The fun and games continue at HQ. Former leadership is finding ways to diversify risk of damages claims, for example via prenuptials.

The ruling Centre Party of Finland is walking from one disaster to another. While connoisseurs can certainly enjoy the irony of speculation that the environmental minister tipped her husband that mining company Talvivaara is about to apply for a permit to extract uranium as a by-product, so that it would be a good time to buy in, the actual rather minimal market moving value of the news and other related issues make this keen observer skeptical on the merits of this particular inquiry.

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