NORDIC STOCKS - Factors to watch on Oct 2

The following stocks may be affected by newspaper reports and other factors on Friday:

SAS

The Nordic airline could need to raise more capital after ashare issue earlier in the year, daily Dagens Industri wrote quoting airline consulting firm head Anders Lidman.

"The 6 billion (crowns) the company got then will soon havebeen burned through in running costs" Lidman said.

SAAB

The Swedish government is discussing with Koenigsegg whether it could allow short-term shareholders to take a stake in the group, which is planning to buy Saab from GM, Dagens Industri wrote.

Koenigsegg wants state guarantees for loans it is seeking from the European Investment Bank. 

"We are having that kind of discussion, but at the moment wedon't know how it will turn out " Industry Ministry State Secretary Joran Hagglund told the paper.

Financing has been a thorny issue for Koenigsegg and the government has demanded shareholders in Saab's future owner are prepared to hold stock for at least 7 years, according to an unnamed source cited by the paper.

S EB, NORDEA, SWEDBANK HANDELSBANKEN

Sweden's banks could well be over capitalised in a couple of years' time, giving them the ability to return around 100 billion Swedish crowns to shareholders, Dagens Industri wrote inan analysis. With the exception of Handelsbanken, the banks have all raised new share capital in recent months to cover rising loan losses.

Based on analysts' forecasts, the paper calculates the banks' core capital ratios will be well above their own targets by 2012, assuming the economy continues to improve, leaving them able either to buy back shares or pay out extra dividends.