Nordic Stocks Decline; Lindab International Takes Biggest Hit

Dow Jones
01-18

This article was automatically generated by Dow Jones using technology from Automated Insights.

Nordic stocks dropped Friday, with the OMX Nordic 40 Index declining 0.5%.

Lindab International AB posted the largest decline among large stocks during the session, tumbling 10.7%, followed by Systemair AB shares, which fell 7.4%. Shares of Gubra A/S fell 6.7%.

Nordic Semiconductor ASA was the biggest leader, adding 6.1%, and Autostore Holdings Ltd. increased 5.7%. Modern Times Group MTG AB Cl A rounded out the top three leaders on Friday, with shares rising 5.1%.

In Denmark, the OMX Copenhagen 20 Index fell 2.5%, while the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, gained 0.9%.

Stocks on Sweden's OMX Stockholm 30 Index increased 1.2%, and Norway's Oslo Exchange Benchmark Index_GI gained 0.5%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index declining 0.4%.

Elsewhere in Europe, indexes rose, with the STOXX Europe 600 Index adding 0.7% and the FTSE 100 Index gaining 1.4% from the previous close.

In commodities news, Brent crude oil futures were down 0.2%, while gold futures were up 0.2%. Bitcoin climbed 4.7% to $104,989.

On the currency front, the WSJ Dollar Index gained 0.3% to 103.22.

Against the euro, the U.S. dollar was up 0.2%, the Danish krone was flat, the Swedish krona was down 0.1%, the Icelandic krona was down 0.2%, and the Norwegian krone was down 0.4%.

Against the U.S. dollar, the euro was down 0.2%, the Danish krone was down 0.2%, the Swedish krona was down 0.2%, the Icelandic krona was down 0.4%, and the Norwegian krone was down 0.5%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 17, 2025 12:05 ET (17:05 GMT)

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