Nordic equity strategy chart book
October was weak for equities globally, with Seafood one of the only sectors anywhere to achieve strong returns. Central bank tightening despite global growth concerns was a key factor, with a return of ‘Goldilocks’ macro data (not too hot, not too cold) the most plausible catalyst for a sustained rebound in our view.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
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