Market-making obligations in shares or derivatives, and significant financial interests

Nordea Markets has market-making obligations in Ahlstrom-Munksjö, Aspo, Assa Abloy, Boliden, DNB, DSV, Danske Bank, Elekta, Gjensidige Forsikring, Kinnevik, Norsk Hydro, Novo Nordisk, Skanska, Telenor and Vestas Wind Systems.

Nordea Markets has no market-making obligations in other companies in the coverage universe.

Investment banking transactions

Nordea has over the previous 12 months been lead or co-lead manager in a public disclosed offer of financial instruments issued by: A.P. Møller - Mærsk, ABB, ALM Equity, AcadeMedia, Agder Energi, Ahlsell, Ahlstrom-Munksjö, Aker BP, Aktia Bank, Ambea, Archer, Atlas Copco, Attendo, Avance Gas, B2Holding, BEWi Group, BKK, BW Offshore Ltd, Balder, Bavarian Nordic, Bilia AB, Cargotec, Carlsberg, Castellum, Catella, Caverion, Citycon, Collector, Consilium, Consto Holding, Corem, DNA, Danske Bank, Delete, Detection Technology, Elisa, Energi Danmark, Euronav, European Energy, Finnair, Flex LNG, Fortum Värme, Fredrikstad Energi, GN Store Nord, GasLog LTD, Gjensidige Forsikring, Golar LNG Partners LP, Hafslund, Hemfosa, Hexagon, Hoist Finance, Huhtamaki, Höegh LNG, Ikano Bank, Intea, Intrum, Kemira, Klövern, Kojamo Plc, Konecranes, Kongsberg Gruppen, Kungsleden, Lyse, M2, Medicover, Mercada, Metso, Munters Group, MøllerGruppen, NKT , Navigator Holdings Ltd, Neste, Nets, Nilfisk Holding, Nissens, Nokia, Northern Drilling, Nortura SA, Nynas, OBOS BBL, Ocean Yield, Odfjell SE, Olav Thon Eiendomsselskap, Oma Säästöpankki Oyj, Orkla, Outotec, Ovako, Petroleum Geo-Services (PGS), Prosafe SE, Protector Forsikring, Ragde Eiendom, Raufoss, Resurs Bank, Rettig, Rikshem, SAS, SBAB, SBB, Saab, Saferoad, Sagax, Sampo, Sandvik, Scandinavian Tobacco Group, Scatec Solar, Silmäasema, Skandiabanken ASA, Sogn og Fjordane Energi, Sparbanken Syd, Sparebank 1 Nord-Norge, Sparebank 1 SMN, Sparebank 1 SR-Bank, Sparebanken Møre, Sparebanken Vest, Sparebanken Øst, Steen & Strøm, Stockmann, Stolt-Nielsen Ltd, Storebrand, Suominen Oyj, Swedish Match, Technopolis, Teekay LNG Partners LP, Teekay Offshore Partners LP, Teekay Shuttle Tankers, Tele2, Telia Company, Topdanmark, TrønderEnergi, Vapo, Verisure Holding, Verkkokauppa.com, Volati, Volvo, Wallenius Wilhelmsen Logistics ASA, Wallenstam, YIT and Ørsted.

Analyst shareholdings

Nordea equity and credit research analysts do not have any holdings in the companies they cover.

Material interest held by the issuer in shares issued by Nordea

Sampo currently owns 21.3% in Nordea (as of 1 July 2017).

Disclaimer

Origin of the publication or report
This publication or report originates from: Nordea Bank AB (publ), including its branches Nordea Danmark, filial af Nordea Bank AB (publ), Sverige, Nordea Bank AB (publ), filial i Finland and Nordea Bank AB (publ), filial i Norge (together “Nordea”) acting through their unit Nordea Markets.

Nordea Bank AB (publ) is supervised by the Swedish Financial Supervisory Authority and the branches are supervised by the Swedish Financial Supervisory Authority and the Financial Supervisory Authorities in their respective countries.

Content of the publication or report
This publication or report has been prepared solely by Nordea Markets.

Opinions or suggestions from Nordea Markets credit and equity research may deviate from one another or from recommendations or opinions presented by other departments in Nordea. This may typically be the result of differing time horizons, methodologies, contexts or other factors.

Investment opinions, ratings, recommendations and target prices are based on one or more methods of valuation, for instance cash flow analysis, use of multiples, behavioural technical analyses of underlying market movements in combination with considerations of the market situation and the time horizon. Key assumptions of forecasts, ratings, recommendations, target prices and projections in research cited or reproduced appear in the research material from the named sources. The date of publication appears from the research material cited or reproduced. Opinions and estimates may be updated in subsequent versions of the publication or report, provided that the relevant company/issuer is treated anew in such later versions of the publication or report.

Validity of the publication or report
All opinions and estimates in this publication or report are, regardless of source, given in good faith, and may only be valid as of the stated date of this publication or report and are subject to change without notice.

No individual investment or tax advice
The publication or report is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually tailored investment advice, and does not take into account the individual investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment.

Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

The information contained in this publication or report does not constitute advice on the tax consequences of making any particular investment decision. Each investor shall make his/her own appraisal of the tax and other financial merits of his/her investment.

Sources
This publication or report may be based on or contain information, such as opinions, recommendations, estimates, price targets and valuations which emanate from: Nordea Markets’ analysts or representatives, publicly available information, information from other units of Nordea , or other named sources.

To the extent this publication or report is based on or contain information emanating from other sources (“Other Sources”) than Nordea Markets (“External Information”), Nordea Markets has deemed the Other Sources to be reliable but neither Nordea, others associated or affiliated with Nordea nor any other person, do guarantee the accuracy, adequacy or completeness of the External Information.

The perception of opinions or recommendations such as Buy or Sell or similar expressions may vary and the definition is therefore shown in the research material or on the website of each named source.

Limitation of liability
Nordea or other associated and affiliated companies assume no liability as regards to any investment, divestment or retention decision taken by the investor on the basis of this publication or report. In no event will Nordea or other associated and affiliated companies be liable for direct, indirect or incidental, special or consequential damages resulting from the information in this publication or report.

Risk information
The risk of investing in certain financial instruments, including those mentioned in this document, is generally high, as their market value is exposed to a lot of different factors such as the operational and financial conditions of the relevant company, growth prospects, change in interest rates, the economic and political environment, foreign exchange rates, shifts in market sentiments etc. Where an investment or security is denominated in a different currency to the investor’s currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor. Past performance is not a guide to future performance. Estimates of future performance are based on assumptions that may not be realized. When investing in individual shares, the investor may lose all or part of the investments.

Conflicts of interest
Nordea, affiliates or staff in Nordea, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives) of any company mentioned in the publication or report.

To limit possible conflicts of interest and counter the abuse of inside knowledge, the analysts of Nordea Markets are subject to internal rules on sound ethical conduct, the management of inside information, handling of unpublished research material, contact with other units of Nordea and personal account dealing. The internal rules have been prepared in accordance with applicable legislation and relevant industry standards. The object of the internal rules is for example to ensure that no analyst will abuse or cause others to abuse confidential information. It is the policy of Nordea Markets that no link exists between revenues from capital markets activities and individual analyst remuneration. Nordea and the branches are members of national stockbrokers’ associations in each of the countries in which Nordea has head offices. Internal rules have been developed in accordance with recommendations issued by the stockbrokers associations. This material has been prepared following the Nordea Conflict of Interest Policy, which may be viewed at www.nordea.com/mifid.

Distribution restriction
The securities referred to in this publication or report may not be eligible for sale in some jurisdictions. This research report is not intended for, and must not be distributed to private customers in the UK or the US.
This research report is intended only for, and may be distributed only to, accredited investors, expert investors or institutional investors in Singapore who may contact Nordea Bank, Singapore Branch of 3 Anson Road, #22-01, Springleaf Tower, Singapore 079909.
This publication or report may be distributed by Nordea Bank Luxembourg S.A., 562 rue de Neudorf, L-2015 Luxembourg which is subject to the supervision of the Commission de Surveillance du Secteur Financier.
This publication or report may be distributed by Nordea Bank, Singapore Branch, which is subject to the supervision of the Monetary Authority of Singapore.

This publication or report may be distributed in the UK to institutional investors by Nordea Bank AB, London Branch of 6th Floor, 5 Aldermanbury Square, London, EC2V 7AZ, which is authorised by Finansinspektionen (Financial Supervisory Authority) in Sweden and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority in the United Kingdom. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request.

This publication or report may not be mechanically duplicated, photocopied or otherwise reproduced, in full or in part, under applicable copyright laws.

The below listed recommendation changes are provided for disclosure purposes only. We highly recommend the investor read the original equity research which resulted in the recommendation changes listed below.

Select a company to view its recommendation changes by Nordea Markets within the past 12 months.

The below listed recommendation changes are provided for disclosure purposes only. We highly recommend the investor read the original credit research which resulted in the recommendation changes listed below.

Bond Recommendations
Company Bond ticker Analyst Date Recommendation
BEWi Group AN807682 Andreas Zsiga 24/11/2017 Outperform
Volvo Car Group AQ093945 Andreas Zsiga 20/11/2017 Market perform
Höegh LNG EK943729 Øyvind Hagen 17/11/2017 Outperform
Ørsted EJ334110 Andreas Zsiga 16/11/2017 No recommendation
Ørsted EJ723329 Andreas Zsiga 16/11/2017 No recommendation
Ørsted EK888464 Andreas Zsiga 16/11/2017 No recommendation
Ørsted EH809674 Andreas Zsiga 16/11/2017 No recommendation
Ørsted EI078253 Andreas Zsiga 16/11/2017 No recommendation
Volvo EK640250 Andreas Zsiga 15/11/2017 Outperform
Yara International EH856962 Kristoffer B. Pedersen 15/11/2017 Market perform
Yara International EK656223 Kristoffer B. Pedersen 15/11/2017 Market perform
Odfjell SE AM141385 Øyvind Hagen 10/11/2017 Market perform
Odfjell SE EJ454884 Øyvind Hagen 10/11/2017 Market perform
Navigator Holdings Ltd AM331178 Øyvind Hagen 10/11/2017 Market perform
ISS AO853371 Kristoffer B. Pedersen 09/11/2017 Outperform
ISS QJ991224 Kristoffer B. Pedersen 09/11/2017 Underperform
ISS EK623136 Kristoffer B. Pedersen 09/11/2017 Market perform
Fortum Värme UV853367 Andreas Zsiga 09/11/2017 No recommendation
Fortum Värme UV853386 Andreas Zsiga 09/11/2017 No recommendation
Fortum Värme EK901010 Andreas Zsiga 09/11/2017 No recommendation
Fortum Värme EK900932 Andreas Zsiga 09/11/2017 No recommendation
Fortum Värme EK483809 Andreas Zsiga 09/11/2017 No recommendation
Cargotec EK122930 Sami Kallela 09/11/2017 Market perform
Wallenius Wilhelmsen Logistics ASA AP346665 Øyvind Hagen 09/11/2017 Market perform
Wallenius Wilhelmsen Logistics ASA EK153548 Øyvind Hagen 09/11/2017 Outperform
Verisure Holding QJ210759 Rickard Hellman 08/11/2017 No recommendation
A.P. Møller - Mærsk LW423995 Øyvind Hagen 08/11/2017 Market perform
Nykredit QJ715243 Alexander Koefoed 08/11/2017 Market perform
Nykredit EK745463 Alexander Koefoed 08/11/2017 Market perform
Svensk FastighetsFinansiering AP657667 Christoffer Dahlvid 08/11/2017 Market perform
Svensk FastighetsFinansiering EK840433 Christoffer Dahlvid 08/11/2017 Market perform
Vestas Wind Systems EK766114 Andreas Zsiga 07/11/2017 Underperform
Ocean Yield EK875240 Øyvind Hagen 06/11/2017 Market perform
Ocean Yield EK134781 Øyvind Hagen 06/11/2017 Market perform
Vattenfall EH637699 Andreas Zsiga 03/11/2017 Market perform
Vattenfall EK804537 Andreas Zsiga 03/11/2017 Outperform
Carlsberg EJ437371 Sami Kallela 03/11/2017 Underperform
Carlsberg EK288061 Sami Kallela 03/11/2017 Outperform
Carlsberg AO952414 Sami Kallela 03/11/2017 Underperform
Carlsberg EJ258401 Sami Kallela 03/11/2017 Underperform
GasLog LTD AM840948 Øyvind Hagen 03/11/2017 Market perform
Ørsted EJ334110 Andreas Zsiga 02/11/2017 Underperform
Ørsted EI078253 Andreas Zsiga 02/11/2017 Underperform
Ørsted EJ723329 Andreas Zsiga 02/11/2017 Market perform
Metsä Board AP157781 Sami Kallela 02/11/2017 Underperform
Metsä Board EK113157 Sami Kallela 02/11/2017 No recommendation
Suominen Oyj AP286456 Sami Kallela 30/10/2017 Underperform
Huhtamaki AP200145 Sami Kallela 30/10/2017 Market perform
SBAB LW088739 Alexander Koefoed 27/10/2017 Underperform
SBAB LW088736 Alexander Koefoed 27/10/2017 Underperform
SBAB EK796240 Alexander Koefoed 27/10/2017 Market perform
SBAB EK955237 Alexander Koefoed 27/10/2017 Market perform
SBAB EK796162 Alexander Koefoed 27/10/2017 Market perform
SBAB QJ566601 Alexander Koefoed 27/10/2017 Market perform
SBAB QJ565932 Alexander Koefoed 27/10/2017 Market perform
Huhtamaki AP200145 Sami Kallela 27/10/2017 Outperform
Color Group EK931871 Øyvind Hagen 27/10/2017 Outperform
Color Group LW407690 Øyvind Hagen 27/10/2017 Outperform
Neste EJ360008 Sami Kallela 27/10/2017 Market perform
Neste AN669119 Sami Kallela 27/10/2017 Outperform
Neste EK781474 Sami Kallela 27/10/2017 Outperform
Nokia EC112170 Sami Kallela 27/10/2017 Market perform
Nokia DD115181 Sami Kallela 27/10/2017 Market perform
Nokia AM754648 Sami Kallela 27/10/2017 Underperform
Ovako AP172040 Devdeep Chakraborty 26/10/2017 Market perform
Stora Enso EJ047745 Sami Kallela 26/10/2017 Market perform
Stora Enso AN791279 Sami Kallela 26/10/2017 Market perform
Sanoma LW125421 Sami Kallela 26/10/2017 Outperform
Sandvik EK262940 Andreas Zsiga 26/10/2017 Underperform
Saab AP254052 Andreas Zsiga 25/10/2017 Market perform
Saab AP254512 Andreas Zsiga 25/10/2017 Market perform
Saab EK316711 Andreas Zsiga 25/10/2017 Market perform
Saab UV777876 Andreas Zsiga 25/10/2017 Market perform
B2Holding QJ839429 Rickard Hellman 25/10/2017 No recommendation
B2Holding QZ600673 Rickard Hellman 25/10/2017 No recommendation
Husqvarna JK933683 Sami Kallela 23/10/2017 Market perform
Husqvarna AM615020 Sami Kallela 23/10/2017 Underperform
Husqvarna AM609788 Sami Kallela 23/10/2017 Underperform
Volvo AN824846 Andreas Zsiga 23/10/2017 Underperform
Ericsson AM582914 Sami Kallela 23/10/2017 Market perform
Scatec Solar QJ763062 Andreas Zsiga 23/10/2017 No recommendation
Klövern LW238996 Devdeep Chakraborty 23/10/2017 Outperform
Klövern EK762227 Devdeep Chakraborty 23/10/2017 Outperform
Consilium EK815150 Andreas Zsiga 20/10/2017 No recommendation
Atlas Copco QZ308258 Andreas Zsiga 20/10/2017 Market perform
Atlas Copco EJ059434 Andreas Zsiga 20/10/2017 Market perform
Ocean Rig UDW EJ354384 Kristoffer B. Pedersen 19/10/2017 No recommendation
Ocean Rig UDW EK130583 Kristoffer B. Pedersen 19/10/2017 No recommendation
Getinge EJ677663 Johan Hallgren 19/10/2017 Market perform
Getinge EJ678573 Johan Hallgren 19/10/2017 Market perform
Com Hem AL145022 Rickard Hellman 19/10/2017 Market perform
Mölnlycke EK571797 Johan Hallgren 18/10/2017 Underperform
Tryg QJ261942 Alexander Koefoed 11/10/2017 Outperform
Vattenfall EK804537 Andreas Zsiga 10/10/2017 Market perform
Statkraft EK993359 Andreas Zsiga 10/10/2017 Market perform
Statkraft EG092851 Andreas Zsiga 10/10/2017 Underperform
Statkraft UV868404 Andreas Zsiga 10/10/2017 Market perform
Statkraft EK696229 Andreas Zsiga 10/10/2017 Market perform
Fortum Värme EK900932 Andreas Zsiga 10/10/2017 Market perform
Hemfosa AL448129 Devdeep Chakraborty 10/10/2017 Market perform
Hemfosa AM627480 Devdeep Chakraborty 10/10/2017 Market perform
Resurs Bank AM100382 Alexander Koefoed 02/10/2017 Market perform
Resurs Bank EK827887 Alexander Koefoed 02/10/2017 No recommendation
Resurs Bank QZ346609 Alexander Koefoed 02/10/2017 Outperform
Klarna AB LW583105 Alexander Koefoed 02/10/2017 Market perform
Ikano Bank AO838235 Alexander Koefoed 02/10/2017 Underperform
Ikano Bank AM225681 Alexander Koefoed 02/10/2017 Underperform
Ikano Bank EK970399 Alexander Koefoed 02/10/2017 Underperform
Ikano Bank JK888924 Alexander Koefoed 02/10/2017 Market perform
Ikano Bank EK849500 Alexander Koefoed 02/10/2017 Underperform
Collector AN880299 Alexander Koefoed 02/10/2017 Market perform
Wihlborgs EK070078 Devdeep Chakraborty 02/10/2017 Market perform
Wihlborgs AN966021 Devdeep Chakraborty 02/10/2017 Underperform
Vasakronan AM154680 Devdeep Chakraborty 02/10/2017 Market perform
Vasakronan JK956946 Devdeep Chakraborty 02/10/2017 Market perform
Vasakronan EK790947 Devdeep Chakraborty 02/10/2017 Underperform
Vacse EK300806 Devdeep Chakraborty 02/10/2017 Market perform
Rikshem AM609783 Devdeep Chakraborty 02/10/2017 Underperform
Rikshem JK822115 Devdeep Chakraborty 02/10/2017 Underperform
Rikshem AL290332 Devdeep Chakraborty 02/10/2017 Underperform
Rikshem AN882078 Devdeep Chakraborty 02/10/2017 Outperform
Intea AN982034 Devdeep Chakraborty 02/10/2017 Outperform
Kojamo Plc AN791280 Devdeep Chakraborty 02/10/2017 Outperform
Kojamo Plc QZ746231 Devdeep Chakraborty 02/10/2017 Outperform
Hemsö AP282408 Devdeep Chakraborty 02/10/2017 Underperform
Hemsö AN941949 Devdeep Chakraborty 02/10/2017 Outperform
Citycon UV617511 Devdeep Chakraborty 02/10/2017 Outperform
Citycon EK508265 Devdeep Chakraborty 02/10/2017 Outperform
Citycon AP138394 Devdeep Chakraborty 02/10/2017 Market perform
Citycon UV632439 Devdeep Chakraborty 02/10/2017 Market perform
Citycon EJ710267 Devdeep Chakraborty 02/10/2017 Market perform
Citycon QZ384158 Devdeep Chakraborty 02/10/2017 Outperform
Castellum AP157180 Devdeep Chakraborty 02/10/2017 Market perform
Castellum AM582410 Devdeep Chakraborty 02/10/2017 Market perform
Castellum AM803299 Devdeep Chakraborty 02/10/2017 Market perform
Balder AN981646 Devdeep Chakraborty 02/10/2017 Market perform
Balder EK110978 Devdeep Chakraborty 02/10/2017 Outperform
Balder AM630639 Devdeep Chakraborty 02/10/2017 Outperform
Balder AM630660 Devdeep Chakraborty 02/10/2017 Outperform
Balder AO868478 Devdeep Chakraborty 02/10/2017 Outperform
Balder AO971106 Devdeep Chakraborty 02/10/2017 No recommendation
Hexagon AM630139 Andreas Zsiga 25/09/2017 Underperform
Hexagon AM631845 Andreas Zsiga 25/09/2017 Underperform
Hexagon AN550577 Andreas Zsiga 25/09/2017 Underperform
Hexagon AN550677 Andreas Zsiga 25/09/2017 Underperform
Nets AN028111 Andreas Zsiga 25/09/2017 No recommendation
Fortum EJ345305 Andreas Zsiga 21/09/2017 Market perform
Fortum EH760328 Andreas Zsiga 21/09/2017 Market perform
Huhtamaki EJ654874 Sami Kallela 18/09/2017 No recommendation
Hoist Finance LW138369 Rickard Hellman 15/09/2017 No recommendation
Ovako EK270165 Devdeep Chakraborty 15/09/2017 No recommendation
B2Holding QJ839429 Rickard Hellman 08/09/2017 Market perform
Cargotec AM816420 Sami Kallela 08/09/2017 Outperform
TDC EK766108 Rickard Hellman 08/09/2017 Market perform
Suominen Oyj EK476780 Sami Kallela 06/09/2017 No recommendation
Delete AN198441 Sami Kallela 01/09/2017 Underperform
European Energy AO020289 Andreas Zsiga 01/09/2017 Market perform
Ship Finance Ltd EK111896 Øyvind Hagen 01/09/2017 Outperform
Ship Finance Ltd AN901342 Øyvind Hagen 01/09/2017 Outperform
Carlsberg EJ437371 Sami Kallela 30/08/2017 No recommendation
Carlsberg EK288061 Sami Kallela 30/08/2017 No recommendation
Carlsberg EJ258401 Sami Kallela 30/08/2017 No recommendation
Consilium EK815150 Andreas Zsiga 29/08/2017 Market perform
Color Group EJ350161 Øyvind Hagen 29/08/2017 Outperform
BEWi Group AN807682 Andreas Zsiga 28/08/2017 Underperform
B2Holding QZ600673 Rickard Hellman 28/08/2017 Market perform
Nynas EK341028 Sami Kallela 28/08/2017 Market perform
Vizrt Group AS EK798941 Rickard Hellman 28/08/2017 Market perform
Odfjell SE QZ500764 Øyvind Hagen 25/08/2017 Market perform
Odfjell SE EJ454884 Øyvind Hagen 25/08/2017 Underperform
Odfjell SE AM141385 Øyvind Hagen 25/08/2017 Underperform
Odfjell SE AN824218 Øyvind Hagen 25/08/2017 Underperform
Sagax JK871722 Devdeep Chakraborty 24/08/2017 No recommendation
Sagax UV770083 Devdeep Chakraborty 24/08/2017 No recommendation
Sagax EK106215 Devdeep Chakraborty 24/08/2017 No recommendation
Sagax LW396918 Devdeep Chakraborty 24/08/2017 No recommendation
Sagax EK318313 Devdeep Chakraborty 24/08/2017 No recommendation
Sagax EK971378 Devdeep Chakraborty 24/08/2017 No recommendation
Bakkafrost EJ540971 Kristoffer B. Pedersen 23/08/2017 No recommendation
Nets AN028111 Andreas Zsiga 18/08/2017 Outperform
ISS QJ991224 Kristoffer B. Pedersen 18/08/2017 Market perform
ISS EK600277 Kristoffer B. Pedersen 18/08/2017 Market perform
A.P. Møller - Mærsk EJ334085 Øyvind Hagen 17/08/2017 Outperform
A.P. Møller - Mærsk LW423888 Øyvind Hagen 17/08/2017 Market perform
A.P. Møller - Mærsk LW423995 Øyvind Hagen 17/08/2017 Underperform
Securitas JK383831 Kristoffer B. Pedersen 16/08/2017 Outperform
Securitas AM500919 Kristoffer B. Pedersen 16/08/2017 Outperform
Securitas EJ941095 Kristoffer B. Pedersen 16/08/2017 Outperform
PKC Group EJ820559 Sami Kallela 14/08/2017 Market perform
Ørsted EJ334110 Andreas Zsiga 11/08/2017 Market perform
Ørsted EI078253 Andreas Zsiga 11/08/2017 Market perform
Ørsted EJ742067 Andreas Zsiga 11/08/2017 Market perform
TDC EJ041436 Rickard Hellman 11/08/2017 Outperform
Euronav AN616493 Øyvind Hagen 11/08/2017 Market perform
Rettig AN218296 Sami Kallela 11/08/2017 Underperform
Suominen Oyj EK476780 Sami Kallela 10/08/2017 Outperform
Kinnevik AN593575 Rickard Hellman 08/08/2017 Market perform
Kinnevik AN656213 Rickard Hellman 08/08/2017 Market perform
Kinnevik AM630626 Rickard Hellman 08/08/2017 Market perform
Finnair AM837940 Kristoffer B. Pedersen 08/08/2017 Underperform
Neste AN669119 Sami Kallela 04/08/2017 Underperform
Neste EJ360008 Sami Kallela 04/08/2017 Underperform
Neste EK781474 Sami Kallela 04/08/2017 Market perform
Teekay Offshore Partners LP EK027998 Øyvind Hagen 04/08/2017 Market perform
Teekay LNG Partners LP EJ807970 Øyvind Hagen 04/08/2017 Market perform
Teekay LNG Partners LP QZ932236 Øyvind Hagen 04/08/2017 Outperform
GasLog LTD AM840948 Øyvind Hagen 04/08/2017 Outperform
Scania EK796612 Andreas Zsiga 01/08/2017 Market perform
Scania EK796636 Andreas Zsiga 01/08/2017 Market perform
Hoist Finance LW138369 Rickard Hellman 31/07/2017 Market perform
Eesti Energia EF164786 Andreas Zsiga 28/07/2017 Outperform
Eesti Energia UV746623 Andreas Zsiga 28/07/2017 Outperform
Nokia EC112170 Sami Kallela 28/07/2017 Outperform
Nokia AN861541 Sami Kallela 28/07/2017 Underperform
Nokia AN861528 Sami Kallela 28/07/2017 Underperform
Konecranes AN782296 Sami Kallela 27/07/2017 Outperform
Stora Enso AN791279 Sami Kallela 27/07/2017 Underperform
Intrum AN943170 Rickard Hellman 26/07/2017 Outperform
Intrum AN943194 Rickard Hellman 26/07/2017 Outperform
Intrum EK266163 Rickard Hellman 26/07/2017 Market perform
Intrum EJ727291 Rickard Hellman 26/07/2017 Outperform
Intrum AN943163 Rickard Hellman 26/07/2017 Market perform
Intrum AN943168 Rickard Hellman 26/07/2017 Market perform
Ahlstrom-Munksjö AN823101 Sami Kallela 26/07/2017 Underperform
Corem EK669982 Devdeep Chakraborty 26/07/2017 Market perform
Corem AM914382 Devdeep Chakraborty 26/07/2017 Market perform
Corem LW106996 Devdeep Chakraborty 26/07/2017 Market perform
Fortum EJ345305 Andreas Zsiga 26/07/2017 Outperform
Fortum EI682378 Andreas Zsiga 26/07/2017 Market perform
Fortum EH760328 Andreas Zsiga 26/07/2017 Outperform
Sagax UV770083 Devdeep Chakraborty 25/07/2017 Market perform
Sagax EK106215 Devdeep Chakraborty 25/07/2017 Market perform
SKF QJ896945 Andreas Zsiga 25/07/2017 Underperform
SKF EK177280 Andreas Zsiga 25/07/2017 Market perform
TVO EI032437 Andreas Zsiga 24/07/2017 Outperform
TVO AL030094 Andreas Zsiga 24/07/2017 Outperform
TVO EK726079 Andreas Zsiga 24/07/2017 Outperform
TVO EK479104 Andreas Zsiga 24/07/2017 Outperform
TVO EK268060 Andreas Zsiga 24/07/2017 Outperform
TVO EK107962 Andreas Zsiga 24/07/2017 Outperform
TVO EJ002060 Andreas Zsiga 24/07/2017 Outperform
Metso AN790010 Sami Kallela 24/07/2017 Outperform
Metso EJ382866 Sami Kallela 24/07/2017 Underperform
Klövern LW238996 Devdeep Chakraborty 24/07/2017 Market perform
Klövern AL021490 Devdeep Chakraborty 24/07/2017 Market perform
Vattenfall EH637699 Andreas Zsiga 24/07/2017 Outperform
Vattenfall EK804537 Andreas Zsiga 24/07/2017 Outperform
Vattenfall EK800767 Andreas Zsiga 24/07/2017 Outperform
Kungsleden LW493101 Devdeep Chakraborty 21/07/2017 Market perform
Telia Company AN042554 Rickard Hellman 21/07/2017 Outperform
Telia Company EI038035 Rickard Hellman 21/07/2017 Underperform
Telia Company EJ016150 Rickard Hellman 21/07/2017 Outperform
Telia Company EK631109 Rickard Hellman 21/07/2017 Market perform
Telia Company AM938782 Rickard Hellman 21/07/2017 Market perform
Telia Company AN042553 Rickard Hellman 21/07/2017 Outperform
Tele2 LW010320 Rickard Hellman 20/07/2017 Underperform
Tele2 QZ506834 Rickard Hellman 20/07/2017 Underperform
Tele2 LW014979 Rickard Hellman 20/07/2017 Underperform
Tele2 AM580273 Rickard Hellman 20/07/2017 Market perform
Tele2 AL685146 Rickard Hellman 20/07/2017 Market perform
Volvo EK640250 Andreas Zsiga 20/07/2017 Market perform
Volvo EK628291 Andreas Zsiga 20/07/2017 Market perform
Volvo EK170363 Andreas Zsiga 20/07/2017 Outperform
Volvo EK170351 Andreas Zsiga 20/07/2017 Outperform
Volvo AN824846 Andreas Zsiga 20/07/2017 Market perform
Ericsson AM582914 Sami Kallela 19/07/2017 Underperform
Ericsson AM422521 Sami Kallela 19/07/2017 Underperform
Aker ASA EJ692145 Anne S. Ulriksen 19/07/2017 Market perform
Aker ASA EK930809 Anne S. Ulriksen 19/07/2017 Market perform
Sandvik EH709131 Andreas Zsiga 18/07/2017 Market perform
Sandvik EK262850 Andreas Zsiga 18/07/2017 Market perform
Sandvik EK262916 Andreas Zsiga 18/07/2017 Market perform
Sandvik EK262940 Andreas Zsiga 18/07/2017 Market perform
Atlas Copco EJ566646 Andreas Zsiga 18/07/2017 Underperform
Atlas Copco QZ308258 Andreas Zsiga 18/07/2017 Outperform
Atlas Copco EJ059434 Andreas Zsiga 18/07/2017 Underperform
Ocean Yield QZ525944 Øyvind Hagen 14/07/2017 Outperform
Ocean Yield EK875240 Øyvind Hagen 14/07/2017 Outperform
Klarna AB LW583105 Alexander Koefoed 16/06/2017 Outperform
Klarna AB AN685948 Alexander Koefoed 16/06/2017 Underperform
Fortum Värme UV853367 Andreas Zsiga 13/06/2017 Outperform
Fortum Värme UV853386 Andreas Zsiga 13/06/2017 Market perform
Fortum Värme EK900932 Andreas Zsiga 13/06/2017 Underperform
Fortum Värme EK483809 Andreas Zsiga 13/06/2017 Outperform
Collector AM816726 Alexander Koefoed 13/06/2017 Outperform
Intrum EJ727291 Rickard Hellman 12/06/2017 No recommendation
Intrum EK266163 Rickard Hellman 12/06/2017 No recommendation
Sponda EJ210902 Devdeep Chakraborty 05/06/2017 No recommendation
Sponda EK888482 Devdeep Chakraborty 05/06/2017 No recommendation
Sponda EJ859813 Devdeep Chakraborty 05/06/2017 No recommendation
Metso EJ382866 Sami Kallela 30/05/2017 No recommendation
TVO EK479104 Andreas Zsiga 26/05/2017 Underperform
TVO EK268060 Andreas Zsiga 26/05/2017 Market perform
TVO EI032437 Andreas Zsiga 26/05/2017 Market perform
TVO EK107962 Andreas Zsiga 26/05/2017 Underperform
TVO EK726079 Andreas Zsiga 26/05/2017 Underperform
TVO AL030094 Andreas Zsiga 26/05/2017 Market perform
TVO EJ002060 Andreas Zsiga 26/05/2017 Market perform
Ørsted EH809674 Andreas Zsiga 24/05/2017 Market perform
Ørsted EK888464 Andreas Zsiga 24/05/2017 Market perform
Ørsted EJ334110 Andreas Zsiga 24/05/2017 Underperform
Bakkafrost EJ540971 Lars Kirkeby 24/05/2017 Outperform
Atlas Copco EJ566646 Andreas Zsiga 23/05/2017 No recommendation
Atlas Copco EJ059434 Andreas Zsiga 23/05/2017 No recommendation
Atlas Copco QZ308258 Andreas Zsiga 23/05/2017 No recommendation
Schibsted EJ035635 Lars Kirkeby 19/05/2017 Underperform
Schibsted EK245791 Lars Kirkeby 19/05/2017 Outperform
Schibsted EJ477804 Lars Kirkeby 19/05/2017 Market perform
Schibsted AM515202 Lars Kirkeby 19/05/2017 Underperform
Schibsted EJ477794 Lars Kirkeby 19/05/2017 Underperform
Vardar EI504245 Lars Kirkeby 18/05/2017 Underperform
Tussa Kraft EJ694336 Lars Kirkeby 18/05/2017 Outperform
TrønderEnergi EK382389 Lars Kirkeby 18/05/2017 Underperform
TrønderEnergi LW681951 Lars Kirkeby 18/05/2017 Underperform
TrønderEnergi QZ418511 Lars Kirkeby 18/05/2017 Outperform
Tafjord Kraft EK968245 Lars Kirkeby 18/05/2017 Outperform
Tafjord Kraft QJ936268 Lars Kirkeby 18/05/2017 Outperform
Sunnhordland Kraftlag AS EK049927 Lars Kirkeby 18/05/2017 Underperform
Sunnhordland Kraftlag AS QZ563256 Lars Kirkeby 18/05/2017 Market perform
Sogn og Fjordane Energi EJ535421 Lars Kirkeby 18/05/2017 Underperform
Sogn og Fjordane Energi EI793118 Lars Kirkeby 18/05/2017 Underperform
Sogn og Fjordane Energi JK338630 Lars Kirkeby 18/05/2017 Underperform
Østfold Energi EI787213 Lars Kirkeby 18/05/2017 Underperform
Østfold Energi EI254320 Lars Kirkeby 18/05/2017 Underperform
NTE Holding QZ988676 Lars Kirkeby 18/05/2017 Underperform
NTE Holding QZ422379 Lars Kirkeby 18/05/2017 Underperform
NTE Holding EK584918 Lars Kirkeby 18/05/2017 Underperform
NTE Holding QZ422377 Lars Kirkeby 18/05/2017 Underperform
NTE Holding EK584930 Lars Kirkeby 18/05/2017 Underperform
NTE Holding AN395815 Lars Kirkeby 18/05/2017 Underperform
Lyse EH707849 Lars Kirkeby 18/05/2017 Underperform
Lyse EJ112604 Lars Kirkeby 18/05/2017 Underperform
Lyse AM443273 Lars Kirkeby 18/05/2017 Underperform
Lyse AM561745 Lars Kirkeby 18/05/2017 Underperform
Lyse EK014812 Lars Kirkeby 18/05/2017 Underperform
Lyse EJ398664 Lars Kirkeby 18/05/2017 Underperform
Lyse EJ552706 Lars Kirkeby 18/05/2017 Underperform
Lyse EJ664163 Lars Kirkeby 18/05/2017 Underperform
Lyse AN152350 Lars Kirkeby 18/05/2017 Underperform
Lyse LW755813 Lars Kirkeby 18/05/2017 Underperform
Lyse QZ190438 Lars Kirkeby 18/05/2017 Underperform
Lyse UV821636 Lars Kirkeby 18/05/2017 Underperform
Lyse JK092511 Lars Kirkeby 18/05/2017 Underperform
Lyse JK339870 Lars Kirkeby 18/05/2017 Underperform
Lyse JV651244 Lars Kirkeby 18/05/2017 Underperform
Helgeland Kraft EJ400145 Lars Kirkeby 18/05/2017 Underperform
Helgeland Kraft EK498370 Lars Kirkeby 18/05/2017 Underperform
Helgeland Kraft EK498382 Lars Kirkeby 18/05/2017 Underperform
Helgeland Kraft EK498376 Lars Kirkeby 18/05/2017 Market perform
Helgeland Kraft UV830939 Lars Kirkeby 18/05/2017 Underperform
Hafslund EH689328 Lars Kirkeby 18/05/2017 Underperform
Hafslund EJ655279 Lars Kirkeby 18/05/2017 Underperform
Hafslund AL018460 Lars Kirkeby 18/05/2017 Underperform
Hafslund EK470517 Lars Kirkeby 18/05/2017 Market perform
Hafslund EK267916 Lars Kirkeby 18/05/2017 Underperform
Hafslund EK879921 Lars Kirkeby 18/05/2017 Underperform
Hafslund EH640269 Lars Kirkeby 18/05/2017 Underperform
Hafslund EH268258 Lars Kirkeby 18/05/2017 Underperform
Hafslund EK023746 Lars Kirkeby 18/05/2017 Underperform
Hafslund EJ007644 Lars Kirkeby 18/05/2017 Underperform
Hafslund EJ526224 Lars Kirkeby 18/05/2017 Underperform
Glitre Energi EI557132 Lars Kirkeby 18/05/2017 Market perform
Glitre Energi EI304281 Lars Kirkeby 18/05/2017 Underperform
Glitre Energi EH716215 Lars Kirkeby 18/05/2017 Underperform
Glitre Energi EJ726596 Lars Kirkeby 18/05/2017 Underperform
Glitre Energi EJ716056 Lars Kirkeby 18/05/2017 Underperform
Glitre Energi EJ632134 Lars Kirkeby 18/05/2017 Underperform
Glitre Energi EJ628541 Lars Kirkeby 18/05/2017 Underperform
Fredrikstad Energi QZ844794 Lars Kirkeby 18/05/2017 Underperform
Fredrikstad Energi EJ406597 Lars Kirkeby 18/05/2017 Underperform
Fredrikstad Energi QZ959459 Lars Kirkeby 18/05/2017 Underperform
Fredrikstad Energi QZ959467 Lars Kirkeby 18/05/2017 Underperform
Eidsiva Energi EK933969 Lars Kirkeby 18/05/2017 Underperform
Eidsiva Energi EK934245 Lars Kirkeby 18/05/2017 Underperform
Eidsiva Energi EF177924 Lars Kirkeby 18/05/2017 Underperform
Eidsiva Energi AN465303 Lars Kirkeby 18/05/2017 Underperform
Eidsiva Energi QJ539033 Lars Kirkeby 18/05/2017 Underperform
E-CO Energi EJ454859 Lars Kirkeby 18/05/2017 Underperform
E-CO Energi ED506753 Lars Kirkeby 18/05/2017 Underperform
BKK EK514502 Lars Kirkeby 18/05/2017 Underperform
BKK EK603886 Lars Kirkeby 18/05/2017 Underperform
BKK EK274528 Lars Kirkeby 18/05/2017 Underperform
BKK EJ507395 Lars Kirkeby 18/05/2017 Underperform
BKK EI032505 Lars Kirkeby 18/05/2017 Underperform
BKK EJ622191 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EI504809 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EK273490 Lars Kirkeby 18/05/2017 Underperform
Agder Energi JV791928 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EK259138 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EJ349676 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EK925682 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EJ512665 Lars Kirkeby 18/05/2017 Underperform
Agder Energi UV823457 Lars Kirkeby 18/05/2017 Underperform
Agder Energi EK555059 Lars Kirkeby 18/05/2017 Underperform
Neste EJ360008 Sami Kallela 18/05/2017 No recommendation
Neste EK781474 Sami Kallela 18/05/2017 No recommendation
Nynas EK341028 Sami Kallela 17/05/2017 No recommendation
Aker ASA EJ692145 Anne S. Ulriksen 15/05/2017 Outperform
Aker ASA EK930809 Anne S. Ulriksen 15/05/2017 Outperform
Aker ASA EJ337542 Anne S. Ulriksen 15/05/2017 Outperform
Sampo EK465754 Alexander Koefoed 15/05/2017 Outperform
Sampo EJ690389 Alexander Koefoed 15/05/2017 Outperform
Sampo JV993806 Alexander Koefoed 15/05/2017 Outperform
Sampo AL182565 Alexander Koefoed 15/05/2017 Outperform
SBB AN075568 Devdeep Chakraborty 12/05/2017 Outperform
Marine Harvest EJ575337 Lars Kirkeby 12/05/2017 Outperform
DFDS EJ590996 Lars Kirkeby 12/05/2017 Underperform
Verisure Holding QJ210759 Rickard Hellman 11/05/2017 Underperform
Kemira EK257001 Devdeep Chakraborty 10/05/2017 No recommendation
Kemira EK900152 Devdeep Chakraborty 10/05/2017 No recommendation
OBOS BBL EK632169 Lars Kirkeby 10/05/2017 Underperform
OBOS BBL JK876903 Lars Kirkeby 10/05/2017 Underperform
OBOS BBL JK878151 Lars Kirkeby 10/05/2017 Outperform
OBOS BBL JK876921 Lars Kirkeby 10/05/2017 Market perform
OBOS BBL EK632205 Lars Kirkeby 10/05/2017 Underperform
OBOS BBL EJ968414 Lars Kirkeby 10/05/2017 Underperform
Resurs Bank AM783896 Alexander Koefoed 10/05/2017 Outperform
Resurs Bank AM562584 Alexander Koefoed 10/05/2017 Outperform
Resurs Bank AM100382 Alexander Koefoed 10/05/2017 Outperform
Nykredit EK283420 Alexander Koefoed 10/05/2017 Outperform
Nykredit EK745463 Alexander Koefoed 10/05/2017 Outperform
Navigator Holdings Ltd AM331178 Øyvind Hagen 10/05/2017 Outperform
Polygon EK171623 Rickard Hellman 09/05/2017 Outperform
Steen & Strøm EK071200 Lars Kirkeby 09/05/2017 Underperform
Steen & Strøm EK949802 Lars Kirkeby 09/05/2017 Underperform
Steen & Strøm QZ571334 Lars Kirkeby 09/05/2017 Underperform
Steen & Strøm AL029999 Lars Kirkeby 09/05/2017 Underperform
Scatec Solar QJ763062 Andreas Zsiga 08/05/2017 Outperform
TDC EJ041436 Rickard Hellman 08/05/2017 Market perform
Thon Holding LW398072 Lars Kirkeby 08/05/2017 Outperform
Thon Holding AN152040 Lars Kirkeby 08/05/2017 Outperform
Thon Holding AN152063 Lars Kirkeby 08/05/2017 Market perform
Thon Holding EK788401 Lars Kirkeby 08/05/2017 Market perform
Thon Holding EK788413 Lars Kirkeby 08/05/2017 Underperform
GasLog LTD AM840948 Øyvind Hagen 08/05/2017 Market perform
Metsäliitto Cooperative EJ455820 Sami Kallela 05/05/2017 Market perform
Statkraft EJ452727 Lars Kirkeby 05/05/2017 Market perform
Statkraft EG092851 Lars Kirkeby 05/05/2017 Outperform
Statkraft EH772082 Lars Kirkeby 05/05/2017 Outperform
Ericsson AM422521 Sami Kallela 04/05/2017 Outperform
Olav Thon Eiendomsselskap AM217582 Lars Kirkeby 04/05/2017 Underperform
Olav Thon Eiendomsselskap EK620659 Lars Kirkeby 04/05/2017 Market perform
Olav Thon Eiendomsselskap EJ888418 Lars Kirkeby 04/05/2017 Underperform
Olav Thon Eiendomsselskap EK327152 Lars Kirkeby 04/05/2017 Underperform
Olav Thon Eiendomsselskap EJ659023 Lars Kirkeby 04/05/2017 Underperform
Olav Thon Eiendomsselskap EJ659048 Lars Kirkeby 04/05/2017 Underperform
Olav Thon Eiendomsselskap QZ574219 Lars Kirkeby 04/05/2017 Market perform
Olav Thon Eiendomsselskap QZ750431 Lars Kirkeby 04/05/2017 Market perform
Olav Thon Eiendomsselskap EK922710 Lars Kirkeby 04/05/2017 Outperform
Olav Thon Eiendomsselskap AN412378 Lars Kirkeby 04/05/2017 Underperform
Olav Thon Eiendomsselskap EJ888430 Lars Kirkeby 04/05/2017 Underperform
Vattenfall ED003514 Andreas Zsiga 03/05/2017 Market perform
Vattenfall EK785024 Andreas Zsiga 03/05/2017 Outperform
Vattenfall EK800767 Andreas Zsiga 03/05/2017 Underperform
Vattenfall EK804537 Andreas Zsiga 03/05/2017 Underperform
Stena AB EK023914 Kristoffer B. Pedersen 03/05/2017 Underperform
Stena AB EK068199 Kristoffer B. Pedersen 03/05/2017 Underperform
Telia Company EJ911416 Rickard Hellman 03/05/2017 Market perform
Telia Company EK631109 Rickard Hellman 03/05/2017 Underperform
Telia Company AN042554 Rickard Hellman 03/05/2017 Market perform
Telia Company AN042553 Rickard Hellman 03/05/2017 Market perform
Telia Company AM938782 Rickard Hellman 03/05/2017 Underperform
Telia Company EJ016150 Rickard Hellman 03/05/2017 Market perform
Telia Company EI416236 Rickard Hellman 03/05/2017 Outperform
Telia Company EI038035 Rickard Hellman 03/05/2017 Market perform
Telia Company EJ346786 Rickard Hellman 03/05/2017 Outperform
Telia Company EK069988 Rickard Hellman 03/05/2017 Market perform
Bilia AB JK491462 Lars Kirkeby 03/05/2017 Market perform
Hemfosa AL448129 Devdeep Chakraborty 03/05/2017 No recommendation
Hemfosa AM627480 Devdeep Chakraborty 03/05/2017 No recommendation
Landshypotek LW478614 Alexander Koefoed 03/05/2017 Market perform
Landshypotek QZ804843 Alexander Koefoed 03/05/2017 Market perform
Landshypotek JV798049 Alexander Koefoed 03/05/2017 Outperform
Landshypotek LW138331 Alexander Koefoed 03/05/2017 Market perform
Landshypotek EK054519 Alexander Koefoed 03/05/2017 Outperform
Landshypotek AL864146 Alexander Koefoed 03/05/2017 Market perform
Landshypotek AM001614 Alexander Koefoed 03/05/2017 Market perform
Landshypotek AM870624 Alexander Koefoed 03/05/2017 Outperform
Jyske Bank QZ495218 Alexander Koefoed 03/05/2017 Outperform
Jyske Bank AM926837 Alexander Koefoed 03/05/2017 Outperform
Outokumpu LW345495 Devdeep Chakraborty 02/05/2017 Market perform
Outokumpu EK498130 Devdeep Chakraborty 02/05/2017 Market perform
Aker BP EJ726651 Lars Kirkeby 02/05/2017 Outperform
Protector Forsikring JK645218 Alexander Koefoed 02/05/2017 Outperform
Protector Forsikring AM981939 Alexander Koefoed 02/05/2017 Market perform
Protector Forsikring AM982132 Alexander Koefoed 02/05/2017 Market perform
Ørsted EJ742067 Andreas Zsiga 02/05/2017 Underperform
Volvo Car Group LW059369 Andreas Zsiga 28/04/2017 Underperform
Nokia EH812915 Sami Kallela 28/04/2017 Underperform
Nokia AM754641 Sami Kallela 28/04/2017 Underperform
Nokia EC112170 Sami Kallela 28/04/2017 Market perform
Nokia EH705767 Sami Kallela 28/04/2017 Underperform
Nokia AM754648 Sami Kallela 28/04/2017 Market perform
Nokia DD115181 Sami Kallela 28/04/2017 Outperform
Norwegian Property LW487782 Lars Kirkeby 28/04/2017 Outperform
Norwegian Property EK500497 Lars Kirkeby 28/04/2017 Outperform
SKF QJ896945 Andreas Zsiga 28/04/2017 Market perform
SKF EI685614 Andreas Zsiga 28/04/2017 Outperform
Intrum EK266163 Rickard Hellman 27/04/2017 Market perform
Cargotec EK122930 Sami Kallela 27/04/2017 Underperform
Cargotec AM903091 Sami Kallela 27/04/2017 Outperform
Cargotec AM816420 Sami Kallela 27/04/2017 Market perform
Atlas Copco EJ566646 Andreas Zsiga 27/04/2017 Market perform
Com Hem LW376659 Rickard Hellman 26/04/2017 Outperform
Kungsleden LW493101 Devdeep Chakraborty 26/04/2017 Outperform
Ericsson AM582914 Sami Kallela 26/04/2017 Outperform
Ericsson EJ159741 Sami Kallela 26/04/2017 Underperform
Ericsson AM422521 Sami Kallela 26/04/2017 Market perform
Sandvik EK262850 Andreas Zsiga 25/04/2017 Underperform
Sandvik EK262916 Andreas Zsiga 25/04/2017 Underperform
Sandvik EK262940 Andreas Zsiga 25/04/2017 Underperform
Kongsberg Gruppen LW239036 Lars Kirkeby 25/04/2017 Outperform
Kongsberg Gruppen LW238992 Lars Kirkeby 25/04/2017 Outperform
Kongsberg Gruppen EJ338718 Lars Kirkeby 25/04/2017 Underperform
Kongsberg Gruppen AL444019 Lars Kirkeby 25/04/2017 Outperform
Kongsberg Gruppen AL420511 Lars Kirkeby 25/04/2017 Underperform
Husqvarna EJ669274 Sami Kallela 25/04/2017 Underperform
Husqvarna JK933687 Sami Kallela 25/04/2017 Underperform
Elisa EJ379759 Rickard Hellman 21/04/2017 Underperform
Elisa EJ841896 Rickard Hellman 21/04/2017 Market perform
Elisa AM768089 Rickard Hellman 21/04/2017 Outperform
NorgesGruppen JK212837 Lars Kirkeby 20/04/2017 Underperform
NorgesGruppen EJ953414 Lars Kirkeby 20/04/2017 Underperform
NorgesGruppen EK503240 Lars Kirkeby 20/04/2017 Market perform
NorgesGruppen EJ446409 Lars Kirkeby 20/04/2017 Underperform
NorgesGruppen EJ715866 Lars Kirkeby 20/04/2017 Underperform
NorgesGruppen AM699143 Lars Kirkeby 20/04/2017 Underperform
NorgesGruppen EK161498 Lars Kirkeby 20/04/2017 Underperform
GasLog LTD EJ7189651 Øyvind Hagen 20/04/2017 Market perform
GasLog LTD AM840948 Øyvind Hagen 20/04/2017 Outperform
Haldor Topsøe EJ632074 Devdeep Chakraborty 12/04/2017 Underperform
Volvo Car Group AL458549 Andreas Zsiga 11/04/2017 Market perform
Volvo Car Group AL500647 Andreas Zsiga 11/04/2017 Market perform
Volvo EK628291 Andreas Zsiga 07/04/2017 Outperform
Volvo EK640250 Andreas Zsiga 07/04/2017 Outperform
Rettig EJ242644 Sami Kallela 06/04/2017 No recommendation
Felleskjøpet Agri EJ540881 Lars Kirkeby 04/04/2017 Underperform
Felleskjøpet Agri EK131912 Lars Kirkeby 04/04/2017 Underperform
Felleskjøpet Agri EK131918 Lars Kirkeby 04/04/2017 Underperform
Mölnlycke EK571797 Andreas Zsiga 31/03/2017 Market perform
Nortura SA EK170699 Lars Kirkeby 29/03/2017 Market perform
Nortura SA UV715545 Lars Kirkeby 29/03/2017 Underperform
Nortura SA EJ720716 Lars Kirkeby 29/03/2017 Underperform
Nortura SA AL105899 Lars Kirkeby 29/03/2017 Underperform
Nortura SA EK170681 Lars Kirkeby 29/03/2017 Underperform
Telia Company EJ346786 Rickard Hellman 20/03/2017 No recommendation
Telia Company EI038035 Rickard Hellman 20/03/2017 No recommendation
Telia Company EI416236 Rickard Hellman 20/03/2017 No recommendation
Telia Company EJ911416 Rickard Hellman 20/03/2017 No recommendation
Telia Company EJ016150 Rickard Hellman 20/03/2017 No recommendation
Telia Company EK069988 Rickard Hellman 20/03/2017 No recommendation
Telia Company EK631109 Rickard Hellman 20/03/2017 No recommendation
Ørsted EJ742067 Andreas Zsiga 15/03/2017 Market perform
Ørsted EK888464 Andreas Zsiga 15/03/2017 Underperform
Vacse EK296135 Devdeep Chakraborty 13/03/2017 Market perform
Sagax EK971378 Devdeep Chakraborty 13/03/2017 Market perform
Sagax EK318313 Devdeep Chakraborty 13/03/2017 Market perform
Kungsleden LW493101 Devdeep Chakraborty 13/03/2017 Market perform
Klövern EK762227 Devdeep Chakraborty 13/03/2017 Market perform
Klövern EK085529 Devdeep Chakraborty 13/03/2017 Market perform
Hufvudstaden JK368936 Devdeep Chakraborty 13/03/2017 Market perform
Hufvudstaden UV536103 Devdeep Chakraborty 13/03/2017 Market perform
Hufvudstaden EJ519134 Devdeep Chakraborty 13/03/2017 Market perform
Hemsö EJ890795 Devdeep Chakraborty 13/03/2017 Outperform
Hemfosa AL448129 Devdeep Chakraborty 13/03/2017 Outperform
Hemfosa AM627480 Devdeep Chakraborty 13/03/2017 Outperform
Fabege AL376290 Devdeep Chakraborty 13/03/2017 Market perform
Fabege AM442829 Devdeep Chakraborty 13/03/2017 Market perform
Fabege LW134081 Devdeep Chakraborty 13/03/2017 Outperform
Corem LW106996 Devdeep Chakraborty 13/03/2017 Outperform
Corem EK828523 Devdeep Chakraborty 13/03/2017 Outperform
Corem EK669982 Devdeep Chakraborty 13/03/2017 Outperform
Castellum AM613625 Devdeep Chakraborty 13/03/2017 Market perform
Castellum AM656194 Devdeep Chakraborty 13/03/2017 Market perform
Castellum AM803299 Devdeep Chakraborty 13/03/2017 Outperform
Castellum QZ691594 Devdeep Chakraborty 13/03/2017 Outperform
Castellum QZ766260 Devdeep Chakraborty 13/03/2017 Market perform
Castellum EK503108 Devdeep Chakraborty 13/03/2017 Outperform
Castellum EK102496 Devdeep Chakraborty 13/03/2017 Market perform
Castellum AM582410 Devdeep Chakraborty 13/03/2017 Outperform
Volvo Car Group AL458549 Andreas Zsiga 13/03/2017 Outperform
Volvo Car Group AL500647 Andreas Zsiga 13/03/2017 Outperform
Finnair EJ792556 Kristoffer B. Pedersen 13/03/2017 No recommendation
Volvo EK640250 Andreas Zsiga 13/03/2017 Market perform
Volvo EK628291 Andreas Zsiga 13/03/2017 Market perform
Mölnlycke AL500391 Andreas Zsiga 13/03/2017 Outperform
Mölnlycke EK571797 Andreas Zsiga 13/03/2017 Underperform
Orkla QZ518359 Lars Kirkeby 10/03/2017 Market perform
Orkla QZ517551 Lars Kirkeby 10/03/2017 Underperform
Orkla EJ932669 Lars Kirkeby 10/03/2017 Market perform
Cargotec EK122930 Sami Kallela 10/03/2017 No recommendation
TVO AL030094 Lars Kirkeby 07/03/2017 Outperform
TVO EK107962 Lars Kirkeby 07/03/2017 Market perform
Navigator Holdings Ltd AM331178 Øyvind Hagen 03/03/2017 Market perform
Ship Finance Ltd EK111896 Øyvind Hagen 03/03/2017 Market perform
Avinor AM360442 Lars Kirkeby 02/03/2017 Outperform
Avinor EK127078 Lars Kirkeby 02/03/2017 Underperform
Avinor EK560442 Lars Kirkeby 02/03/2017 Underperform
Avinor EK872866 Lars Kirkeby 02/03/2017 Outperform
North Atlantic Drilling EJ892264 Kristoffer B. Pedersen 02/03/2017 Market perform
Golar LNG Partners LP AM344633 Øyvind Hagen 02/03/2017 Outperform
Sparbanken Syd EK544165 Alexander Koefoed 01/03/2017 Market perform
Sparbanken Syd EK961608 Alexander Koefoed 01/03/2017 Outperform
Seadrill EK113901 Kristoffer B. Pedersen 01/03/2017 Market perform
Seadrill EJ582809 Kristoffer B. Pedersen 01/03/2017 Market perform
Seadrill EJ357535 Kristoffer B. Pedersen 01/03/2017 Market perform
Höegh LNG AM219529 Øyvind Hagen 01/03/2017 Market perform
Bakkafrost EJ540971 Lars Kirkeby 28/02/2017 Underperform
Norsk Gjenvinning EK344078 Rickard Hellman 28/02/2017 Outperform
Teekay Offshore Partners LP EI962886 Øyvind Hagen 27/02/2017 Underperform
Teekay LNG Partners LP EK896869 Øyvind Hagen 24/02/2017 Outperform
Vizrt Group AS EK798941 Rickard Hellman 24/02/2017 Outperform
Balder EK110978 Devdeep Chakraborty 22/02/2017 No recommendation
Balder QJ765995 Devdeep Chakraborty 22/02/2017 No recommendation
Balder EK271389 Devdeep Chakraborty 22/02/2017 No recommendation
SAS EJ846470 Andreas Zsiga 22/02/2017 Outperform
Jyske Bank LW120873 Alexander Koefoed 22/02/2017 Market perform
Jyske Bank LW028742 Alexander Koefoed 22/02/2017 Market perform
Boliden EK161840 Devdeep Chakraborty 21/02/2017 Outperform
Norsk Hydro EJ240819 Lars Kirkeby 21/02/2017 Underperform
Statkraft EJ452727 Lars Kirkeby 20/02/2017 Underperform
Statkraft UV868404 Lars Kirkeby 20/02/2017 Outperform
Statkraft EH772082 Lars Kirkeby 20/02/2017 Underperform
Statkraft EK696229 Lars Kirkeby 20/02/2017 Outperform
Statkraft EH695416 Lars Kirkeby 20/02/2017 Underperform
Statkraft EK993359 Lars Kirkeby 20/02/2017 Underperform
Aker Solutions EJ382851 Anne S. Ulriksen 17/02/2017 Market perform
Odfjell SE EJ454884 Øyvind Hagen 17/02/2017 Market perform
Odfjell SE AM141385 Øyvind Hagen 17/02/2017 Outperform
Sandvik EK262850 Andreas Zsiga 16/02/2017 Market perform
Sandvik EH709131 Andreas Zsiga 16/02/2017 Outperform
Sandvik EK262940 Andreas Zsiga 16/02/2017 Market perform
Volvo EK628291 Andreas Zsiga 15/02/2017 Underperform
Volvo EK640250 Andreas Zsiga 15/02/2017 Underperform
Husqvarna EJ669274 Sami Kallela 13/02/2017 Outperform
Husqvarna JK933683 Sami Kallela 13/02/2017 Underperform
Klövern AL021490 Devdeep Chakraborty 13/02/2017 Outperform
Yara International EK656223 Lars Kirkeby 10/02/2017 Underperform
Yara International EK656181 Lars Kirkeby 10/02/2017 Underperform
Yara International EK654777 Lars Kirkeby 10/02/2017 Underperform
Yara International LW306784 Lars Kirkeby 10/02/2017 Outperform
Yara International EH856962 Lars Kirkeby 10/02/2017 Outperform
A.P. Møller - Mærsk LW423995 Øyvind Hagen 10/02/2017 Outperform
A.P. Møller - Mærsk JK426017 Øyvind Hagen 10/02/2017 Market perform
A.P. Møller - Mærsk UV942432 Øyvind Hagen 10/02/2017 Market perform
A.P. Møller - Mærsk UV942431 Øyvind Hagen 10/02/2017 Outperform
A.P. Møller - Mærsk LW424086 Øyvind Hagen 10/02/2017 Outperform
A.P. Møller - Mærsk EK496815 Øyvind Hagen 10/02/2017 Outperform
A.P. Møller - Mærsk LW423888 Øyvind Hagen 10/02/2017 Outperform
Citycon UV717953 Devdeep Chakraborty 10/02/2017 Market perform
Citycon EK508265 Devdeep Chakraborty 10/02/2017 Market perform
Citycon QZ384158 Devdeep Chakraborty 10/02/2017 Market perform
Kemira EK900152 Andreas Zsiga 09/02/2017 Outperform
Nokia EC112170 Sami Kallela 09/02/2017 No recommendation
Nokia EH705767 Sami Kallela 09/02/2017 No recommendation
Nokia EH812915 Sami Kallela 09/02/2017 No recommendation
Nokia EH813688 Sami Kallela 09/02/2017 No recommendation
Nokia DD115181 Sami Kallela 09/02/2017 No recommendation
Carlsberg EK288061 Sami Kallela 09/02/2017 Outperform
Carlsberg EJ258401 Sami Kallela 09/02/2017 Underperform
Carlsberg EJ437371 Sami Kallela 09/02/2017 Underperform
Polygon EK171623 Rickard Hellman 09/02/2017 Market perform
Volvo Car Group LW059369 Andreas Zsiga 09/02/2017 Market perform
SBAB EJ811425 Alexander Koefoed 09/02/2017 Underperform
Securitas JK383831 Rickard Hellman 09/02/2017 Underperform
Securitas EJ941095 Rickard Hellman 09/02/2017 Underperform
Cramo AL241230 Sami Kallela 08/02/2017 Underperform
Hemsö EJ890795 Devdeep Chakraborty 08/02/2017 Market perform
Neste EK781474 Sami Kallela 08/02/2017 Underperform
Lantmännen QJ995206 Sami Kallela 08/02/2017 Market perform
Resurs Bank EK827887 Alexander Koefoed 08/02/2017 Outperform
Sandvik EK262940 Andreas Zsiga 06/02/2017 Underperform
Sandvik EK262916 Andreas Zsiga 06/02/2017 Market perform
TDC EJ041436 Rickard Hellman 06/02/2017 Outperform
TDC EI577523 Rickard Hellman 06/02/2017 Outperform
Aker BP EJ726651 Lars Kirkeby 06/02/2017 Market perform
Loomis EK657618 Rickard Hellman 03/02/2017 Outperform
Loomis EK657624 Rickard Hellman 03/02/2017 Outperform
Nokia EC112170 Sami Kallela 03/02/2017 Outperform
Volvo EK628291 Andreas Zsiga 02/02/2017 Market perform
Alfa Laval EK475646 Andreas Zsiga 01/02/2017 Market perform
Alfa Laval EK461444 Andreas Zsiga 01/02/2017 Outperform
Com Hem AL145022 Rickard Hellman 01/02/2017 Outperform
UPM-Kymmene DD112700 Sami Kallela 01/02/2017 Market perform
UPM-Kymmene EC824535 Sami Kallela 01/02/2017 Underperform
UPM-Kymmene DD112699 Sami Kallela 01/02/2017 Market perform
Mölnlycke QJ543937 Andreas Zsiga 01/02/2017 Outperform
Mölnlycke EK571797 Andreas Zsiga 01/02/2017 Outperform
Tele2 EJ500445 Rickard Hellman 31/01/2017 Underperform
Tele2 QZ506834 Rickard Hellman 31/01/2017 Market perform
Tele2 AL685146 Rickard Hellman 31/01/2017 Underperform
Tele2 LW010320 Rickard Hellman 31/01/2017 Market perform
Tele2 LW014979 Rickard Hellman 31/01/2017 Market perform
Intrum EK266163 Rickard Hellman 27/01/2017 Underperform
Ericsson EJ159741 Sami Kallela 27/01/2017 Market perform
Stena AB EG185426 Kristoffer B. Pedersen 27/01/2017 Underperform
Stena AB EK035540 Kristoffer B. Pedersen 27/01/2017 Market perform
Stena AB EI185390 Kristoffer B. Pedersen 27/01/2017 Underperform
Tryg LW065576 Alexander Koefoed 23/01/2017 Market perform
Tryg EJ558175 Alexander Koefoed 23/01/2017 Market perform
Volvo Car Group AL458549 Andreas Zsiga 18/01/2017 Underperform
Volvo Car Group AL500647 Andreas Zsiga 18/01/2017 Underperform
Volvo Car Group LW059369 Andreas Zsiga 18/01/2017 Underperform
Atlas Copco EJ566646 Andreas Zsiga 17/01/2017 Underperform
Atlas Copco QZ308258 Andreas Zsiga 17/01/2017 Outperform
Stolt-Nielsen Ltd EJ337117 Øyvind Hagen 09/01/2017 Market perform
Stolt-Nielsen Ltd EK827539 Øyvind Hagen 09/01/2017 Market perform
Stolt-Nielsen Ltd EK106125 Øyvind Hagen 09/01/2017 Market perform
Vasakronan EK061688 Devdeep Chakraborty 04/01/2017 Outperform
Ericsson EJ159741 Sami Kallela 21/12/2016 Outperform
North Atlantic Drilling EJ892264 Kristoffer B. Pedersen 21/12/2016 Underperform
North Atlantic Drilling EK036517 Kristoffer B. Pedersen 21/12/2016 Underperform
Mölnlycke EK571797 Andreas Zsiga 16/12/2016 Market perform
Mölnlycke QJ543937 Andreas Zsiga 16/12/2016 Market perform
Ørsted EH809674 Elina Kalatie 14/12/2016 Underperform
Ørsted EI078253 Elina Kalatie 14/12/2016 Underperform
Ørsted EK888464 Elina Kalatie 14/12/2016 Market perform
Ørsted EI078257 Elina Kalatie 14/12/2016 No recommendation
Vattenfall EH637699 Elina Kalatie 13/12/2016 Underperform
Vattenfall ED430239 Elina Kalatie 13/12/2016 Underperform
Vattenfall EH748811 Elina Kalatie 13/12/2016 Underperform
Vattenfall ED003514 Elina Kalatie 13/12/2016 Underperform
Vattenfall EK800767 Elina Kalatie 13/12/2016 Outperform
Fortum EJ345305 Elina Kalatie 12/12/2016 Market perform
Fortum EI682378 Elina Kalatie 12/12/2016 Underperform
Fortum EH760328 Elina Kalatie 12/12/2016 Underperform
SKF QJ896945 Andreas Zsiga 09/12/2016 Outperform
SKF EK177280 Andreas Zsiga 09/12/2016 Outperform
SSAB EJ473846 Devdeep Chakraborty 08/12/2016 Outperform
SSAB EJ473856 Devdeep Chakraborty 08/12/2016 Outperform
Ovako EK270165 Devdeep Chakraborty 08/12/2016 Market perform
Outokumpu EK498130 Devdeep Chakraborty 08/12/2016 Underperform
Intrum EJ727291 Rickard Hellman 05/12/2016 Outperform
Intrum EK266163 Rickard Hellman 05/12/2016 Market perform
Cargotec EK122930 Elina Kalatie 02/12/2016 Underperform
Avinor EK872866 Lars Kirkeby 29/11/2016 Market perform
Avinor EK127078 Lars Kirkeby 29/11/2016 Market perform
Avinor EJ647681 Lars Kirkeby 29/11/2016 Outperform
Avinor EJ647671 Lars Kirkeby 29/11/2016 Underperform
Posten Norge UV827838 Lars Kirkeby 21/11/2016 Underperform
Posten Norge UV856551 Lars Kirkeby 21/11/2016 Underperform
Posten Norge UV816023 Lars Kirkeby 21/11/2016 Market perform
Aktia Bank QJ221939 Alexander Koefoed 18/11/2016 Market perform
Höegh LNG EK943729 Øyvind Hagen 18/11/2016 Market perform
DFDS EK316549 Lars Kirkeby 16/11/2016 Outperform
Cramo EJ448845 Sami Kallela 14/11/2016 No recommendation
Wallenius Wilhelmsen Logistics ASA EJ705247 Øyvind Hagen 14/11/2016 Outperform
Wallenius Wilhelmsen Logistics ASA EK153548 Øyvind Hagen 14/11/2016 Market perform
Intrum EJ727291 Rickard Hellman 14/11/2016 No recommendation
Intrum EK266187 Rickard Hellman 14/11/2016 No recommendation
Intrum EK266163 Rickard Hellman 14/11/2016 No recommendation
Nykredit QJ715243 Alexander Koefoed 11/11/2016 Outperform
Odfjell SE EJ106918 Øyvind Hagen 11/11/2016 Market perform
Odfjell SE QZ500764 Øyvind Hagen 11/11/2016 Outperform
Neste EK781474 Elina Kalatie 11/11/2016 Market perform
Neste EJ360008 Elina Kalatie 11/11/2016 Underperform
Vizrt Group AS EK798941 Rickard Hellman 10/11/2016 Market perform
ISS EK600277 Rickard Hellman 09/11/2016 Underperform
ISS QJ991224 Rickard Hellman 09/11/2016 Underperform
ISS EK623136 Rickard Hellman 09/11/2016 Outperform
Teekay LNG Partners LP QZ932236 Øyvind Hagen 08/11/2016 Market perform
Ocean Yield EK875240 Øyvind Hagen 07/11/2016 Market perform
Ocean Yield QZ525944 Øyvind Hagen 07/11/2016 Market perform
Outokumpu EK498130 Devdeep Chakraborty 04/11/2016 Outperform
Kojamo Plc EJ692120 Elina Kalatie 04/11/2016 Underperform
Kojamo Plc QZ746231 Elina Kalatie 04/11/2016 Market perform
Sampo EK928700 Alexander Koefoed 04/11/2016 Market perform
Sampo EK928694 Alexander Koefoed 04/11/2016 Market perform
Sampo JV993806 Alexander Koefoed 04/11/2016 Market perform
Sampo EK465754 Alexander Koefoed 04/11/2016 Market perform
Sampo EJ690389 Alexander Koefoed 04/11/2016 Market perform
GasLog LTD LW453889 Øyvind Hagen 04/11/2016 Outperform
GasLog LTD EJ718965 Øyvind Hagen 04/11/2016 Outperform
Marine Harvest EJ575337 Lars Kirkeby 03/11/2016 Underperform
TDC EJ041436 Rickard Hellman 03/11/2016 Market perform
TDC EI577523 Rickard Hellman 03/11/2016 Underperform
A.P. Møller - Mærsk QJ816740 Øyvind Hagen 03/11/2016 Market perform
A.P. Møller - Mærsk EJ334085 Øyvind Hagen 03/11/2016 Market perform
A.P. Møller - Mærsk JK426017 Øyvind Hagen 03/11/2016 Underperform
A.P. Møller - Mærsk JK426024 Øyvind Hagen 03/11/2016 Market perform
A.P. Møller - Mærsk EI477517 Øyvind Hagen 03/11/2016 Underperform
Metsä Board EK113157 Sami Kallela 03/11/2016 Underperform
Hexagon UV825758 Andreas Zsiga 02/11/2016 Underperform
Hexagon EK785972 Andreas Zsiga 02/11/2016 No recommendation
Hexagon EK603214 Andreas Zsiga 02/11/2016 Market perform
Hexagon EK603010 Andreas Zsiga 02/11/2016 Market perform
Volvo Car Group LW059369 Andreas Zsiga 02/11/2016 Market perform
DSV EK122798 Øyvind Hagen 02/11/2016 Market perform
DSV EK122762 Øyvind Hagen 02/11/2016 Market perform
DSV EJ722379 Øyvind Hagen 02/11/2016 Market perform
SKF EJ349591 Andreas Zsiga 31/10/2016 Underperform
SKF EI685614 Andreas Zsiga 31/10/2016 Underperform
Sanoma LW125421 Elina Kalatie 31/10/2016 Underperform
B2Holding QJ839429 Rickard Hellman 31/10/2016 Outperform
B2Holding QZ600673 Rickard Hellman 31/10/2016 Outperform
Nokia EH812915 Sami Kallela 28/10/2016 Underperform
Nokia EC112170 Sami Kallela 28/10/2016 Market perform
Statkraft EK696229 Lars Kirkeby 28/10/2016 Market perform
Statkraft EK993359 Lars Kirkeby 28/10/2016 Market perform
Statkraft UV868404 Lars Kirkeby 28/10/2016 Market perform
Statkraft EG280731 Lars Kirkeby 28/10/2016 Market perform
Statkraft EJ452727 Lars Kirkeby 28/10/2016 Market perform
Statkraft EH772082 Lars Kirkeby 28/10/2016 Market perform
Statkraft EH695416 Lars Kirkeby 28/10/2016 Market perform
Suominen Oyj EK476780 Sami Kallela 28/10/2016 Market perform
Jyske Bank QZ495218 Alexander Koefoed 28/10/2016 Market perform
Jyske Bank LW120873 Alexander Koefoed 28/10/2016 Outperform
Jyske Bank LW028742 Alexander Koefoed 28/10/2016 Outperform
Jyske Bank EK820458 Alexander Koefoed 28/10/2016 Market perform
Jyske Bank JK714733 Alexander Koefoed 28/10/2016 Market perform
Jyske Bank EK862513 Alexander Koefoed 28/10/2016 Market perform
Mölnlycke QJ543937 Andreas Zsiga 28/10/2016 Underperform
Sagax EK318313 Devdeep Chakraborty 27/10/2016 Outperform
Millicom JK829694 Rickard Hellman 26/10/2016 Outperform
Stora Enso LW345905 Sami Kallela 26/10/2016 Underperform
Stora Enso EJ360083 Sami Kallela 26/10/2016 Underperform
Stora Enso EJ237004 Sami Kallela 26/10/2016 Outperform
Stora Enso EJ047745 Sami Kallela 26/10/2016 Underperform
Cargotec EK122930 Elina Kalatie 26/10/2016 Outperform
UPM-Kymmene EC508365 Sami Kallela 26/10/2016 No recommendation
UPM-Kymmene EC824691 Sami Kallela 26/10/2016 Underperform
UPM-Kymmene DD112700 Sami Kallela 26/10/2016 Outperform
UPM-Kymmene EC824535 Sami Kallela 26/10/2016 Market perform
Sandvik EK262916 Andreas Zsiga 26/10/2016 Underperform
Sandvik EK262850 Andreas Zsiga 26/10/2016 Underperform
Sandvik EI120186 Andreas Zsiga 26/10/2016 No recommendation
Tieto EJ669399 Rickard Hellman 26/10/2016 Underperform
Telia Company EK069988 Rickard Hellman 25/10/2016 Underperform
Telia Company EI038035 Rickard Hellman 25/10/2016 Market perform
Telia Company EJ911416 Rickard Hellman 25/10/2016 Outperform
Telia Company EI416236 Rickard Hellman 25/10/2016 Market perform
Telia Company EJ346786 Rickard Hellman 25/10/2016 Market perform
Telia Company EK631109 Rickard Hellman 25/10/2016 Underperform
Ericsson EJ159741 Sami Kallela 24/10/2016 Underperform
Volvo EK640250 Andreas Zsiga 24/10/2016 Market perform
Metso EJ382866 Elina Kalatie 24/10/2016 Market perform
Metso EJ289185 Elina Kalatie 24/10/2016 No recommendation
Yara International EK656223 Lars Kirkeby 24/10/2016 Market perform
Citycon UV717953 Devdeep Chakraborty 21/10/2016 Outperform
Citycon EK508265 Devdeep Chakraborty 21/10/2016 Outperform
Citycon QZ384158 Devdeep Chakraborty 21/10/2016 Outperform
Citycon EJ710267 Devdeep Chakraborty 21/10/2016 Underperform
Citycon EJ169936 Devdeep Chakraborty 21/10/2016 Market perform
Atlas Copco QZ308258 Andreas Zsiga 21/10/2016 Market perform
Atlas Copco EJ059434 Andreas Zsiga 21/10/2016 Market perform
Atlas Copco EJ566646 Andreas Zsiga 21/10/2016 Market perform
Amer Sports EJ911878 Sami Kallela 21/10/2016 Underperform
Amer Sports UV761589 Sami Kallela 21/10/2016 Underperform
Intrum EJ055322 Rickard Hellman 20/10/2016 No recommendation
Intrum EK266187 Rickard Hellman 20/10/2016 Underperform
Intrum EJ055302 Rickard Hellman 20/10/2016 No recommendation
Mölnlycke EK571797 Andreas Zsiga 20/10/2016 Underperform
Com Hem EK544549 Rickard Hellman 20/10/2016 Underperform
Hemsö EK944773 Devdeep Chakraborty 19/10/2016 Underperform
Sagax EK971378 Devdeep Chakraborty 19/10/2016 Outperform
Sagax JK871722 Devdeep Chakraborty 19/10/2016 Outperform
Hemsö QJ191390 Devdeep Chakraborty 19/10/2016 Underperform
Hemsö QZ346930 Devdeep Chakraborty 19/10/2016 Outperform
Sagax UV770083 Devdeep Chakraborty 19/10/2016 Outperform
Vacse EK296135 Devdeep Chakraborty 19/10/2016 Outperform
Vacse EK300806 Devdeep Chakraborty 19/10/2016 Outperform
Corem EK669982 Devdeep Chakraborty 19/10/2016 Market perform
Vasakronan EK790947 Devdeep Chakraborty 19/10/2016 Market perform
Wihlborgs EK859817 Devdeep Chakraborty 19/10/2016 Outperform
Vasakronan EJ510639 Devdeep Chakraborty 19/10/2016 Market perform
Hufvudstaden EJ519094 Devdeep Chakraborty 19/10/2016 Outperform
Hufvudstaden EJ519134 Devdeep Chakraborty 19/10/2016 Outperform
Klövern EJ610688 Devdeep Chakraborty 19/10/2016 Outperform
Hemsö EJ890795 Devdeep Chakraborty 19/10/2016 Underperform
Wihlborgs EK070078 Devdeep Chakraborty 19/10/2016 Underperform
Corem EK167956 Devdeep Chakraborty 19/10/2016 Outperform
Sponda EJ210902 Devdeep Chakraborty 19/10/2016 Outperform
Polygon EK171623 Rickard Hellman 18/10/2016 No recommendation
TVO EJ002060 Andreas Zsiga 17/10/2016 Underperform
TVO EK726079 Andreas Zsiga 17/10/2016 Outperform
Volvo JK329585 Andreas Zsiga 12/10/2016 Outperform
Volvo EJ450786 Andreas Zsiga 12/10/2016 Underperform
Polygon EK171623 Rickard Hellman 12/10/2016 Underperform
Stolt-Nielsen Ltd EK106125 Øyvind Hagen 07/10/2016 Underperform
Stolt-Nielsen Ltd EK827539 Øyvind Hagen 07/10/2016 Underperform
Stolt-Nielsen Ltd EJ337117 Øyvind Hagen 07/10/2016 Underperform
Hoist Finance LW138369 Rickard Hellman 23/09/2016 Underperform
BW Offshore Ltd EJ053081 Kristoffer B. Pedersen 22/09/2016 Outperform
BW Offshore Ltd EK099897 Kristoffer B. Pedersen 22/09/2016 Outperform
BW Offshore Ltd EK956101 Kristoffer B. Pedersen 22/09/2016 Outperform
BW Offshore Ltd EJ594870 Kristoffer B. Pedersen 22/09/2016 Outperform
Seadrill EJ849189 Kristoffer B. Pedersen 26/08/2016 Market perform
Höegh LNG EK943729 Øyvind Hagen 26/08/2016 Outperform
Höegh LNG EJ379794 Øyvind Hagen 26/08/2016 Market perform
DFDS EK316549 Alexander Koefoed 19/08/2016 Market perform
Vestas Wind Systems EK766114 Alexander Koefoed 19/08/2016 Market perform
DFDS EJ590996 Alexander Koefoed 19/08/2016 Market perform
ICA Gruppen EK326906 Alexander Koefoed 18/08/2016 Market perform
Ship Finance Ltd EK111896 Øyvind Hagen 17/08/2016 Outperform
Ship Finance Ltd EJ396080 Øyvind Hagen 17/08/2016 Outperform
A.P. Møller - Mærsk LW423995 Alexander Koefoed 15/08/2016 Market perform
A.P. Møller - Mærsk LW423888 Alexander Koefoed 15/08/2016 Market perform
Polygon EK171623 Rickard Hellman 11/08/2016 Outperform
Hexagon EK603214 Andreas Zsiga 09/08/2016 Outperform
Hexagon EK603010 Andreas Zsiga 09/08/2016 Outperform
DSV EK122798 Alexander Koefoed 08/08/2016 Outperform
DSV EJ722379 Alexander Koefoed 08/08/2016 Outperform
Ørsted EJ742067 Andreas Zsiga 05/08/2016 Outperform
Ørsted EJ723329 Andreas Zsiga 05/08/2016 Outperform
Nokia EC112170 Sami Kallela 05/08/2016 Outperform
Ørsted EJ334110 Andreas Zsiga 05/08/2016 Market perform
Ørsted EH809674 Andreas Zsiga 05/08/2016 Market perform
Nokia EH812915 Sami Kallela 05/08/2016 Market perform
Nokia EH813688 Sami Kallela 05/08/2016 Market perform
Ørsted EI078253 Andreas Zsiga 05/08/2016 Market perform
Ørsted EI078257 Andreas Zsiga 05/08/2016 Market perform
Ørsted EK888464 Andreas Zsiga 05/08/2016 Outperform
Nokia DD115181 Sami Kallela 05/08/2016 Outperform
Sponda EJ210902 Sami Kallela 05/08/2016 Market perform
Sponda EK888482 Sami Kallela 05/08/2016 Market perform
Sponda EJ859813 Sami Kallela 05/08/2016 Market perform
A.P. Møller - Mærsk EJ334085 Alexander Koefoed 04/08/2016 Underperform
A.P. Møller - Mærsk EK496815 Alexander Koefoed 04/08/2016 Market perform
A.P. Møller - Mærsk UV942432 Alexander Koefoed 04/08/2016 Underperform
A.P. Møller - Mærsk UV942431 Alexander Koefoed 04/08/2016 Underperform
A.P. Møller - Mærsk QJ816740 Alexander Koefoed 04/08/2016 Underperform
A.P. Møller - Mærsk LW424086 Alexander Koefoed 04/08/2016 Market perform
A.P. Møller - Mærsk JK426017 Alexander Koefoed 04/08/2016 Market perform
A.P. Møller - Mærsk JK426024 Alexander Koefoed 04/08/2016 Underperform
Amer Sports UV761589 Sami Kallela 29/07/2016 Market perform
Sanoma EJ073950 Sami Kallela 28/07/2016 Underperform
Sanoma LW125421 Sami Kallela 28/07/2016 Market perform
Outokumpu LW345495 Sami Kallela 27/07/2016 Outperform
UPM-Kymmene DD112699 Sami Kallela 27/07/2016 Outperform
SKF EK177280 Andreas Zsiga 25/07/2016 Market perform
SKF QJ896945 Andreas Zsiga 25/07/2016 Market perform
SSAB EJ473856 Devdeep Chakraborty 25/07/2016 Market perform
SKF EI685614 Andreas Zsiga 25/07/2016 Market perform
SSAB EK081754 Devdeep Chakraborty 25/07/2016 Market perform
SSAB EK081730 Devdeep Chakraborty 25/07/2016 Market perform
SKF EJ898562 Andreas Zsiga 25/07/2016 Underperform
SKF EJ349591 Andreas Zsiga 25/07/2016 Outperform
SSAB EJ473846 Devdeep Chakraborty 25/07/2016 Market perform
Stora Enso EJ237004 Sami Kallela 22/07/2016 Market perform
Stora Enso EF408798 Sami Kallela 22/07/2016 No recommendation
Stora Enso LW345905 Sami Kallela 22/07/2016 Market perform
Stora Enso EJ047745 Sami Kallela 22/07/2016 Market perform
Stora Enso EH758498 Sami Kallela 22/07/2016 No recommendation
Vattenfall EK800767 Rickard Hellman 22/07/2016 Market perform
Vattenfall EK785024 Rickard Hellman 22/07/2016 Market perform
Trelleborg EK595703 Andreas Zsiga 22/07/2016 Market perform
Trelleborg EK595757 Andreas Zsiga 22/07/2016 Market perform
Alfa Laval EK475646 Andreas Zsiga 21/07/2016 Underperform
Intrum EJ055302 Rickard Hellman 21/07/2016 Market perform
Ericsson EJ159741 Sami Kallela 19/07/2016 Market perform
Elisa EJ841896 Rickard Hellman 18/07/2016 Outperform
Elisa EJ379759 Rickard Hellman 18/07/2016 Market perform
Atea EJ716006 Rickard Hellman 18/07/2016 Outperform
Com Hem LW376659 Rickard Hellman 13/07/2016 Market perform
Com Hem EK544549 Rickard Hellman 13/07/2016 Outperform
TDC EK766108 Rickard Hellman 12/07/2016 Outperform
TDC EK748197 Rickard Hellman 12/07/2016 Market perform
TDC EJ041436 Rickard Hellman 12/07/2016 Underperform
TDC EI577523 Rickard Hellman 12/07/2016 Market perform

The below listed recommendation changes are provided for disclosure purposes only. We highly recommend the investor to read the original sales text which resulted in the recommendation changes listed below

Download the list of Equity Sales recommendation changes here