Tuesday, May 8, 2007

Norway Leads Declines in Western Europe; Statoil, Norsk Hydro Pace Drop

(Bloomberg) -- Nordic stocks declined for the first time in three days, paced by Statoil ASA and Norsk Hydro ASA, the biggest energy producers in the region, as crude oil traded near a six-week low in New York.

Skanska AB, the world's fourth-largest builder, and UPM- Kymmene Oyi, the third-biggest papermaker, also retreated.


Read more at Bloomberg Stocks News

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