07.03.2011

Nordic markets lost nearly all of the daily gains in the afternoon session. Oslo and Copenhagen closed in the red while Stockholm and Helsinki just eked a positive start for the week. Already jittery markets were served a reminder that Greece debt contains risks by one of the rating agencies. Pandora was helped by developments in the industry as French giant LVMH grabbed a controlling stake in Italy's jewellery house Bulgari. The valuations of the deal far exceeds what Pandora is trading at. Radiation therapy firms RaySearch and C-Rad benefited from similar international M&A induced pull as Nasdaq listed Accurays acquires another such in Tomotherapy.