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Stepstone resists the tech bears

Nordic shares closed down on Monday, pushed under by tech weakness as further doubts re-emerged about Ericsson, the tech-laden Nasdaq opened lower and investors banked last session's gains. However, Norwegian online recruitment firm StepStone, resisted the tech woes, surging more than 20 percent at one point on speculation, said traders, it was nearing the end of strategic talks with other industry players. The stock closed up 5.1 percent in Oslo. Norwegian group Statoil closed up nine percent after it posted an 11 percent rise in third quarter pre-tax profits, beating market expectations.