Nordic markets were trying to decide should the downward momentum continue and shift from short term to medium term phenomena. Saudi Arabia seems to be willing to offset the effect of Libya crisis for the oil supply.
Swedbank lifted long term targets in its capital markets day. Seadrill reported nice quarterly earnings and was very positive on the industry's current outlook. Lundbeck was down a tad on weaker Q4 results despite improved outlook for 2011. DSV was up sharply on a quarterly report showing strenght and an announced share buyback program.
Trigon Agri was EBITDA positive for 2010 for the first time in the company history. The company forecasts drastic improvement for 2011 and going forward (assuming closer to normal weather conditions in Russia and Ukraine) and says there is no need to raise more equity capital to achieve growth targets. The stock has been on a clear uptrend eversince entering the main list and gained 10% more today.
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