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Nordic stocks rose Friday, with the OMX Nordic 40 Index rising 1.6%.

Gjensidige Forsikring ASA was the biggest leader among large stocks during the session, gaining 9.0%, and BioArctic AB Series B rose 8.8%. Alleima AB rounded out the top three leaders on Friday, with shares adding 7.4%.

Telefon AB L.M. Ericsson Series A posted the largest decline, plunging 13.5%, followed by Sweden-listed Telefon AB L.M. Ericsson Series B shares, which tumbled 12.7%. Shares of Finland-listed Telefon AB L.M. Ericsson Series B plunged 12.4%.

In Denmark, the OMX Copenhagen 20 Index rose 3.9%, and the OMX Helsinki 25 Index, which tracks Finland's most-traded stocks, gained 0.5%.

Stocks on Sweden's OMX Stockholm 30 Index declined 0.1%, while Norway's Oslo Exchange Benchmark Index_GI dropped 0.9%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index falling 0.9%.

Elsewhere in Europe, indexes fell, with the STOXX Europe 600 Index dropping 0.1% and the FTSE 100 Index declining 0.7% from the previous close.

In commodities news, Brent crude oil futures were down 0.2%, while gold futures were up 0.5%. Bitcoin was up 2.3% to $105,731.

On the currency front, the WSJ Dollar Index fell 0.6% to 101.67.

Against the euro, the Danish krone was flat, the Swedish krona was flat, the Norwegian krone was flat, the Icelandic krona was down 0.3%, and the U.S. dollar was down 0.9%.

Against the U.S. dollar, the Swedish krona was up 0.9%, the Danish krone was up 0.9%, the euro was up 0.9%, the Norwegian krone was up 0.9%, and the Icelandic krona was up 0.6%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 24, 2025 12:05 ET (17:05 GMT)

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